Headlines
How Does a Region Rust Away?
"Where people cannot get jobs or find homes, they pick up and leave. Where they find homes and jobs, they stay. This is not an excuse for complacency. Many of the policies that drove industrious work away from the Rust…
The Moral Hazard Emerging From the Fed’s Response to the Failures of Silicon Valley Bank and Signature Bank
Two large regional banks failed within a period of only two days, Silicon Valley Bank (SVB) on March 10, and Signature Bank on March 12. Both banks had a combined aggregate asset size of $319 billion as of Dec. 31, 2022, with…
What Anne Frank and Dr. Christian Larson Can Teach Us about the Power of Optimism
Anne Frank may well be the most famous 15-year-old author of the 20th Century. She penned but one volume, a diary, while hiding from the Nazis during the German occupation of the Netherlands. “How wonderful it is,” she wrote,…
Honey, Joe Biden Just Shrunk Our Pension
President Joe Biden recently issued his first veto since taking office on Jan. 20, 2021. Biden rejected a bipartisan bill that would have required investment fund managers to take politics out of their investment decisions…
Honey, Joe Biden Just Shrunk Our Pension
President Joe Biden recently issued his first veto since taking office on Jan. 20, 2021. Biden rejected a bipartisan bill that would have required investment fund managers to take politics out of their investment decisions…
Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes
Within days of Silicon Valley Bank’s swift and shocking collapse, a narrative formed that “wokeism” lay at the heart of the California bank’s sudden demise. It began with a Fox News appearance by Home Depot co-founder Bernie…
A Revolution in Public Transportation From A Town You Wouldn’t Expect
"It’s taken more than a hundred years for low-density cities to recognize that public transportation works far better in a point-to-point model, using private-public partnerships." ~ Craig J. Richardson
When Can Waffle House Raise its Prices?
"Instead of being evidence that markets are 'no longer controlled by competition,' firms raising prices together is evidence of supply and demand at work." ~ Brian C. Albrecht
How a Libertarian Church in Europe Is Fighting to Abolish the Draft
Georgia is a country at the intersection of Eastern Europe and Western Asia. It was occupied by the Soviet Union in 1921 and remained part of it until 1991. Military service was mandatory in the USSR because the Soviet…
Monetary Policy and that Old-Time Fiscal Religion
"Nominal income targeting can potentially restore the old-time fiscal religion. Like the classical gold standard, this approach stabilizes total spending in the economy, rendering counter-cyclical fiscal policy…
