How government broke the meat processing industry
Among the Biden administration’s responses to rising inflation is to complain that monopolies control vital parts of the economy, forcing consumers to pay high prices because of greed, and a…
Stock trade revelations lead to third resignation at the Federal Reserve
The mini-scandal that erupted last year over Federal Reserve officials trading their personal stock and bond holdings even as the Fed was making historic interventions in the market appeared to…
Biden administration threatening to plant the seeds of another housing market collapse
In an ominous sign that parts of the nation’s financial apparatus have totally forgotten the lessons of the 2007-2008 Great Recession, it looks like a mortgage buying binge, all in…
So much for transitory inflation
The most recent inflation data shows that prices are galloping ahead, rising 5.4 percent year-over year and showing more staying power than the Federal Reserve or its assorted apologists believed…
Elizabeth Warren’s ignorance is showing
The political class is loaded with people who have little to no understanding of how private enterprise works. Among them is Massachusetts Sen. Elizabeth warren, whose unhealthy fixation on Jeff…
A reminder that markets are more dynamic than trustbusters know
The Federal Trade Commission is asking a federal judge for more time to pull together and refile its antitrust case against Facebook. The FTC was offered a second chance when…
History isn’t on the trustbusters’ side
Trustbusters are back in force in DC, occupying key positions in the Biden administration and valuable chair space in the House and Senate. These crusaders against very big business are…