Who Was Frederic Bastiat?
The Bastiat Society is a global network and outreach program of the American Institute for Economic Research (AIER) committed to...
Systemic Risk Regulation and the Myths of the 2008 Financial Crisis
The conventional story about the 2008 financial crisis is that, after the so-called “shadow banks” made too many risky bets,...
Biden Issues New COVID Mandate & Markets React
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Biden’s Comptroller Pick Will Decimate Community Banking
During my career at BB&T we frequently encountered government regulators who believed they knew best how we should operate and...
The Fed’s Doomsday Prophet Has a Dire Warning About Where We’re Headed
Thomas Hoenig doesn’t look like a rebel. He is a conservative man, soft-spoken, now happily retired at the age of...
Why’s Washington Spending So Much Money? Blame a Faulty Understanding of ‘Rights’
The Founders believed rights entailed restrictions on government power. The dominant progressive view imagines rights as granted by government. ...
Financial Regulators Ignore the Costs of Regulation
The U.S. financial regulatory agencies are tasked with stabilizing the financial system. They pursue this mission by monitoring the operations...
The President’s Working Group for Regulating Stablecoins: An Alternative Approach
Stablecoins are a relatively new means of exchange within the payments system. They have many of the characteristics of money,...
