7+ hour, 59+ min ago  (1004+ words) Once understood, the Import Price Index, with its ability to summarize the changes in the price of imported goods, is one of the most important tools of economic analysis available. Table of Contents Toggle Table of Content Toggle This Explainer…...

3+ mon, 3+ hour ago  (1694+ words) Table of Contents Toggle Table of Content Toggle What are zoning laws, how do they work, and what are their economic effects? This explainer is intended to be a guide to the purposes and mechanics of local land-use regulations, including…...

3+ mon, 1+ week ago  (1351+ words) Economists Ludwig von Mises and Friedrich Hayek explain why the promises of central planning are fundamentally unworkable insofar as no central authority can replicate the rational calculation of market prices or the coordination of dispersed knowledge. Table of Contents Toggle…...

6+ mon, 1+ week ago  (1281+ words) This explainer will outline what the gold standard was, how it operated, the benefits and criticisms surrounding it, and how its rise and eventual collapse shaped the global monetary system. Table of Contents Toggle Table of Content Toggle The gold…...

8+ mon, 1+ week ago  (1610+ words) The Municipal Liquidity Facility (MLF), provided aid to fiscally distressed state and local governments. For the first time in its history, the Federal Reserve purchased municipal bonds. Table of Contents Toggle Table of Content Toggle In 2021, the Sound Money Project…...

8+ mon, 1+ week ago  (489+ words) Introduction People in financial markets and in the media regularly track Federal Reserve announcements and forecast what the Fed's interest rate target will be in the future. But when people [] Table of Contents Toggle Table of Content Toggle The Federal…...

8+ mon, 3+ week ago  (966+ words) History doesn't repeat, but it often rhymes," is a famous saying attributed to American author Mark Twain. When you read today's news about the French government and its debt situation, it's not unlikely that the saying comes to mind. It…...

9+ mon, 5+ day ago  (532+ words) I regret it, but George Santayana's famous statement, "Those who cannot remember the past are condemned to repeat it," is misleading at best. The statement implies that if we do [] The statement implies that if we do remember the past,…...

9+ mon, 1+ week ago  (165+ words) Even though the COVID-era inflation surge is in the past, Americans are right to remain concerned about the state of our money. Contention over America's monetary policy is nothing new, [] A troubling new piece of legislation continues to make its…...

9+ mon, 3+ week ago  (412+ words) Don't look now, but free-market economics is coming back into vogue. For the last decade, mainstream economists of both the right and the left have begun to flirt with statist [] Don't look now, but free-market economics is coming back into…...