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Edward Stringham on Fed Policy (Video)
The Federal Reserve raises interest rates despite pressure from President Trump. Watch AIER President Edward Stringham discussing the Fed decision on Fox Business.
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Who Is Afraid of Nuclear Power?
If nuclear power is cheap, clean, and efficient, of course, that spells trouble for traditional fossil fuel producers and users.
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Trade’s Costs Are Not Losses
But because no one in a market economy is entitled to his or her particular source of income, whenever competition obliges producers to adjust to the demands of consumers, producers — while paying the costs of participating in a market economy — suffer nothing that ought to be described as losses.
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