The Contagion Concoction: The Truth About Runs and the Great Financial Crisis (CMFA Working Paper No. 006)
The post The Contagion Concoction: The Truth About Runs and the Great Financial Crisis (CMFA Working Paper No. 006) appeared first on Alt-M.
San Jose’s Gun Tax Has Nothing to Do with Reducing Crime
CNN touts San Jose as being “poised to take a step closer to first-in-the-nation gun ownership requirements.” At first, I had thought that the poorly worded headline must be mistaken, as there are cities, such as Kennesaw, GA, that have
We Are All Canadian Truckers Now!
We all remember where we were when the Berlin Wall came down. While it may have seemed that communist rule would go on forever, when the people decided that they had enough suddenly the wall fell. Just like that. Thus it
Conscription as an Omen
There is one step now proposed, supported by government propaganda, which seems to me to strike at the very basis of freedom. It is the proposal that we establish compulsory military training in time of peace. The power to take
The Fed Is Trapped: It Has No Room to Taper or Raise Rates
Last November, the Federal Reserve System announced tapering (a gradual reduction of the central bank’s monthly asset purchases to the point of ending the asset purchase program, which means that the Fed would stop increasing its balance sheet). In December, it
Bart Vanderhaegen on Flow: Transcending Organizational Barriers to Progress
We all seek progress: at the individual level, the team level, and the company level. Flow is the term for the experience that we feel when we are making progress on challenging activities through our own actions. Flow is high productivity
The Unseen Consequences of the Interstate Highway System
Today, it’s easy for socialists to point to the Interstate Highway System and exclaim, "Look at what we socialists did to facilitate transportation." They're careful to always ignore the unseen downside. Original Article: "The Unseen Consequences of the Interstate Highway System" This
Rising Rents and Cheap Money Flowing—So Apartment Prices Are Soaring
Fannie Mae announced last week that it provided nearly $70 billion in multifamily financing last year. The government lender crowed about $9.6 billion of the total being for affordable housing projects and $13.5 billion financing projects deemed “green and sustainable”
Indian Army’s New Combat Uniform: NIFT Designed, Better Comfort and Climate-Friendly
The Indian Army’s new combat uniform was introduced on 15th January, celebrated as Army Day every year in India. A contingent of Parachute Regiment commandos dressed in the new uniforms marched in the Army Day parade held at the Cariappa
Quantitative Tightening Won’t Stop Price Inflation
Markets reacted badly last week to Federal Reserve Chairman Jerome Powell’s statements outlining the Fed’s initial forecast for the coming year. With inflation clearly no longer being “transitory,” with the CPI accelerating to 7% in December, Powell has turned increasingly hawkish.