Who owns the Fed’s massive losses?
We estimate that at the end of May, the Federal Reserve had an unrecognized mark-to-market loss of about $540 billion on its...
Are Cryptoassets The Great Scam?
At the New York Times, Paul Krugman writes that cryptoassets are a “Great Scam,” with all cryptoassets worthless. He even...
Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?
For the first time in its 108-year history, the Federal Reserve System faces massive and growing mark-to-market losses and is...
Who Owns Federal Reserve Losses and How Will They Impact Monetary Policy?
For the first time in its 108-year history, the Federal Reserve System faces massive and growing mark-to-market losses and is...
Economies and War
The American economy, the largest and most dynamic in the world, is a geopolitical issue. And right now, it is...
NCLA Celebrates Five Years of Protecting Civil Liberties Against the Administrative State
In the Beginning: The Mont Pelerin Society, 1947
Seventy-five years ago, there occurred an important event in the post–World War II revival of free-market liberal ideas. Over the...
The Renewed Politicization of the Federal Reserve
Economic research shows that monetary policy works best when conducted by an independent central bank. After Fed chairs in the...
