Caplan’s Errors on the UAE and Open Borders
In a recent Substack posting, economist Bryan Caplan held up the United Arab Emirates as an example of how open immigration can be successful. However, as Artis Shepherd notes, Caplan…
The Fed’s “Temporary” Mortgage-Backed Security Experiment Will Last Decades
It seems likely the mortgage-backed securities will be on the Fed’s balance sheet until they finally mature. In the meantime, they will continue racking up billions of dollars in cash…
What Trump’s New Political Appointees Are Telling Us
Ryan and Tho examine the role that ideology and interest groups will have on Trump’s administration and on his political appointees.
Abolish the Department of Homeland Security
This might sound radical or extreme, but the US somehow managed to get along for more than 225 years before this Department was created.
Elections: Do They Really Matter?
Elections can have important impacts on the economy, but the most important ones are preceded by some kind of revolution in the world of ideas, for good or bad.