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Cryptocurrencies and the Denationalization of Money
F.A. Hayek’s proposed market for private monies resembles the market for cryptocurrencies that has emerged over the last decade.
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Trump Breaks Unwritten Rule of Monetary Policy
President Trump violated long-standing norms with his swipes at the Fed. But the notion that his predecessors kept their noses out of the Fed’s business is largely a myth.
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ISM Manufacturing PMI Rose in November With Most Components Suggesting Faster Expansion
The ISM PMI rose in November with broad-based gains among the components. The results suggest continued expansion for the manufacturing sector.
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The Real Significance of the French Tax Revolt
For two weeks in France, and now Belgium and the Netherlands, a European Spring has been building. What we see in Paris today might be the end of social democracy as we know it, and what comes in its place is what the battle of ideas today is really about.
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Make the Trade Truce Permanent
Do you desire the well-being of all peoples in the world? Free trade is a wonderful way to see this realized. Tariffs only end in spreading misery, a classic case of man’s inhumanity to man. The sooner the U.S. administration realizes this, the better off everyone will be.
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All Markets are Sharing Economies
Market prices weave consumers together with each other, and with producers, into a humane and peaceful community of sharers.
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