Economy

Remunerations Determined by Markets or Politics?

In modern societies, the debate over the most effective and fair way to determine wages continues to be a topic of contention. Friedrich Hayek and Anthony the Jasay have long

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Lasted Economy

Gary Gensler reviews accomplishments, defends crypto approach

U.S. Securities and Exchange Commission Chair Gary Gensler recently delivered a speech at the Practising Law Institute's 56th annual conference

Peace for our time? – Econlib

During the tumultuous times of September 1938, British Prime Minister Neville Chamberlain made a controversial decision to strike a deal

Watch Fed Chair Powell speak live to business leaders in Dallas area

The Federal Reserve Chair, Jerome Powell, is scheduled to address business leaders in the Dallas-Fort Worth area on monetary policy.

A Nobel Prize in Economics for the ‘Inclusive’ Free Market

The Nobel Memorial Prize in Economic Sciences was recently awarded to three distinguished economists by The Royal Swedish Academy of

Fifty Percent Plus One Is Not a License to Kill

In today's political landscape, winning an election with just over 50% of the vote does not give the victor a

Powell says Fed doesn’t need to be ‘in a hurry’ to reduce interest rates

Federal Reserve Chair Jerome Powell delivered a speech on Thursday emphasizing the strength of the U.S. economy and signaling a

China set to report retail sales and industrial production data for October

China's National Bureau of Statistics is set to release key economic data for October, including retail sales, industrial production, and

You’re Probably Willing to Price Gouge (and That’s OK!)

Understanding the Ethics of "Wage Gouging" and Its Implications Imagine a scenario where Walt, a hardworking employee, is enjoying a