Topic: Crisis

A Look at Covid-19 Recession Through Schumpterarian” creative Destruction” Forces

A Tragedy in Waiting

“Taking away someone’s means of self-defense, making her vulnerable to criminal attacks, is a violation of that person’s rights. Waiting periods for gun purchases do precisely that.” ~ Jason Sorens

The Fed Is Bankrupt

“The most recent data show that the Fed owes the Treasury over $41 billion, which exceeds its total capital. The Fed, by common standards, is indeed insolvent.” ~ Thomas L. Hogan

The Climate Collapse Thesis

“The COVID-19 pandemic showed what can happen to a society that is being shut down in the name of saving humanity. That was but a taste of what the powerful will do if we accept the Climate Collapse Thesis and all the “action” that comes with it.” ~ Max Borders

What’s To Blame for the Banking Crisis?

“It’s crucial for policymakers to not revert to zero interest rates and ample liquidity, and go down the same cycle once again.” ~ Siddharth Gundapaneni

Pandemics and Liberty

Coronavirus and Economic Crisis

Coronavirus and Economic Recovery

Coronavirus and New Hope

Silicon Valley Bank: Mismanagement Is Not an Excuse for Inefficient Regulation

“The mismanagement was endogenous to the regulatory regime. Rather than promoting financial stability, regulators have undermined it. Doubling down on a failed strategy will not make things better.” ~ Nicolás Cachanosky

Don’t Expand Deposit Insurance. Abolish It!

“Deposit insurance creates perverse incentives that weaken market discipline and encourage excessive risk-taking. Expanding deposit insurance will only make these problems worse.” ~ Bryan P. Cutsinger

Fed Raises Rate, But Signals Potential Pause in May

“In 2021 they were looking for help from recovering supply chains. Now, they are looking for help from tight financial markets. It’s time FOMC members help themselves — or, God help us all.” ~ William J. Luther