Home prices are accelerating as a result of a limited supply of homes for sale and continued strong consumer fundamentals including a very low level of initial claims for unemployment insurance.
Existing-home sales rose 3.0 percent in February following a 3.2 percent drop in January. Sales have bounced around in a tight range for most of the past two years. One of the key reasons for the range-bound selling pace is the tight supply of existing homes for sale.
Liberalism believes that society manages itself better than any top-down authority can. That includes the commercial life of a nation. But it also pertains to civil liberties, international relations, migrations, family and cultural life, and religion. And what does classical liberalism oppose? Managed economies, imperialism, ethnic cleansing, war, arbitrary rule, dictatorship, authoritarianism, and every action of government that goes beyond what is absolutely necessary, if any government is necessary at all. That the meaning of the term changed in the US in the first half of the 20th century is one of the most tragic language distortions on record.
The Politically Incorrect Guide to American History raised considerable controversy at the time of its release, above all, from mainstream academic circles. This comes as no surprise, considering that the field has been dominated by statist intellectuals of all stripes over the past century or so.
School shootings are a horrible problem everyone would like to solve. But when people try to use them to support most policy interventions, they are typically drawing conclusions that fit their own worldview from a very limited set of facts.
With the stroke of a pen, President Donald Trump may have just accomplished what most observers thought impossible: he’s made the Petro relevant.
In the ideal world, you invent something wonderful, the world celebrates and starts using it. You get rich. We can dream, can’t we?
The “sweet spot” that facilitates spillover effects occurs with foreign firms with local market focus and highly tangible assets. Although the results are not uniform, this new research shows that far from being detrimental, foreign companies keep local ones on their toes, as locals search for ever better ways to serve customers and piggyback on newly observed strategies.
The kids are being forced into institutions that have proven themselves unable to protect students against violence, and also face no real accountability when they fail to do so. Force is the watchword even without the direct threat of violence from guns and bombs. Why does nearly everyone think this is normal? Because compulsory schooling laws have been part of the living reality of every single living American.
Sell drugs, get the death the penalty—just the latest policy proposal that politicians are desperately scurrying to in their futile attempt to win the Drug War. Simple economics of prohibition illustrates why this plan would be a disaster.
Ten years after the financial crisis that triggered a global economic downturn, many Americans are still struggling to get back on their feet. It's no surprise then that resentment against Wall Street bailouts continues unabashed.
Take a stroll through your local food co-op and you’re likely to find plenty of folks who don’t react so well to the phrase “free market capitalism.” You might get a couple of lectures on social justice, and an earful on the industrialization of global food production and the havoc it wreaks on society. But political tribalism aside, co-ops can be great practitioners of free market capitalism and integral parts of thriving free market economies.
At a minimum, this demonstrated that there was valuable space that could be rented to retail tenants on station mezzanines. These intermediate structures that connect train platforms and station entrances get the foot traffic retailers crave.
Wyoming has a thin population base, astonishing natural beauty, and a wonderful crew of politicians and regulators who believe in independence, innovation, and technological progress. Thanks to some wise activism from knowledgeable people in the space, the legislature just passed a series of bills that will make Wyoming something of a safe space for crypto.
If Trump wants to make America great again, he can start by closing the Ex-Im Bank. America’s success was built by free-market capitalism, not government privilege.
In an attempt to liberate women from historical and cultural oppression, the most vocal activists demand all sorts of privileges and regulations. Research has shown, however, that enacting differential provisions for women in the labor market actually reduces their opportunities and increases discrimination.