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from Mises Institute
RIGHT-CENTER BIAS, MIXED
Wages, Prices, and the Demand for Money: Keynes Got It All Wrong
When markets are mostly free, prices adjust freely and constantly to adapt to new realities. Yet Keynes failed to understand how market rigidities are caused by government intervention. He blamed markets instead.
Mortgage Companies Cash in on Pandemic Relief
Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.
The Fed Plans to Raise Interest Rates—Years from Now
The Fed isn’t here to take away the punch bowl anymore. The Fed is the punchbowl.
Biden Wants To Seize Control of Local Land-Use Regulations
Empowering state legislatures—or worse, the federal government—to abolish local regulations would be a grave mistake.
RIGHT-CENTER BIAS, MIXED
Wages, Prices, and the Demand for Money: Keynes Got It All Wrong
When markets are mostly free, prices adjust freely and constantly to adapt to new realities. Yet Keynes failed to understand how market rigidities are caused by government intervention. He blamed markets instead.
Mortgage Companies Cash in on Pandemic Relief
Mortgage companies have ramped up their purchases of government-backed mortgages in forbearance, and they are selling these loans back to investors at a profit.
The Fed Plans to Raise Interest Rates—Years from Now
The Fed isn’t here to take away the punch bowl anymore. The Fed is the punchbowl.
Biden Wants To Seize Control of Local Land-Use Regulations
Empowering state legislatures—or worse, the federal government—to abolish local regulations would be a grave mistake.
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from Northwest Public Broadcasting
News & Media Website in Pullman, WA
The agricultural arm of The Church Of Jesus Christ Of Latter-day Saints — Farmland Reserve, Inc. — has agreed to pay about $210 million for a major swath of southeastern Washington farm ground. The verdant areas just off the Columbia River were part of the vast Easterday family empire, until a 225,000-head cattle swindle was exposed last December. Cody Easterday was supposed to be raising the ghost cattle. But Easterday eventually pleaded guilty to inventing the nonexistent cattle to defraud Tyson, a large meat-processing company, out of $244 million. Easterday funded a habit of trading on the cattle futures market, where he lost more than $200 million. The bidding for the Easterday parcels came down to two mega-farmers: Bill and Melinda Gates’ land business and the church’s Farmland Reserve, Inc.
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from The Spokesman-Review
Newspaper in Spokane, Washington
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