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June 11, 2019
bikerepair
Robert Hughes

Small-Business Confidence Remains Strong Amid a Tight Labor Market

Small-business confidence rose in May while job openings remain at historically high levels in April. Both are positive signs for the economy despite the high level of uncertainty caused by erratic trade policy.

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politicalfed
Peter C. Earle

The Fed Is Hereby Exposed as Wholly Political

If there is a bright spot to the tariff war, it’s that the Fed has definitively exposed itself as a political body, less interested in economic growth than serving the interests of power.

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bankofengland
Joakim Book

When Did the Bank of England Become a Lender of Last Resort?

It happened sometime after the crisis of 1847.

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hiddencost
Art Carden

The Hidden Costs of a $15 Per Hour Minimum Wage

There are a lot of ways firms and workers can adjust to higher minimum wages without anyone actually losing his or her job.

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sleepystudents
Robert E. Wright

Like the Soviet Economy, American Higher Education Is Collapsing

The question is not if, but when and how reforms will come.

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