In times of banking and financial crises, central banks always intervene. This is not a law of nature, but it is an empirical law of central bank behavior. The Federal Reserve was created 110 years ago specifically to address banking ...
[This article is excerpted from a 30,000-word memo to the Volker Fund, 1961. The full memo is available in Strictly Confidential: The Private Volker Fund Memos of Murray N. Rothbard edited by David Gordon.] The Road to Civil War The road ...
Ryan McMaken (RM): There is a lot of talk these days about the US losing its global monetary hegemony. But a lot needs to happen in terms of unwinding the present system before that can happen. At the heart of ...
J. Bradford DeLong, who teaches economics at UC Berkeley and was a protégé of Larry Summer’s dislikes Austrian economics, which he sometimes assails on his blog. You might reasonably expect that for this reason, I will lambaste his book, which, ...
As the markets wake up from the holiday, they are anticipating, and worrying about, what the Fed’s next move will be. In this week’s edition of StockCharts TV‘s Halftime, reflecting on a previous video, Pete points out that it’s not what the ...
In this episode of StockCharts TV‘s The Final Bar, Dave talks through potential red flags on two key growth stocks as the market uptrend pushes into the second half of the year. He answers viewer questions on tracking “smart money” behavior, navigating ...
One of the most interesting things about July in the market is the biannual reset of the 6-month calendar range. Above is a chart of the NASDAQ 100, with the January 6-month calendar range drawn in. (To clarify, it is ...
In today’s progressive climate, sexual assault charges are easy to make and hard to refute, even when they are demonstrably false. Original Article: “Demonizing Men with False Data on Sexual Abuse“ ...
Not many are aware that one of the greatest works against the encroachment of the state originates from a German thinker. As early as the late eighteenth century, Wilhelm von Humboldt (1767–1835) raised the question of the general limits of ...
President Joe Biden’s Federal Trade Commission (FTC) appointees have an affinity for returning to an earlier era’s antitrust enforcement, sometimes summarized as a “big is bad” or “neo-Brandeisian” approach. The most famous (or notorious) current example is the FTC’s opposition ...