“Nothing is so permanent”, noted Milton Friedman, “as a temporary government programme”. Friedman died in 2006, a couple of years before Fannie Mae and Freddie Mac, two enormous government-sponsored enterprises (GSEs) that provide liquidity to the American mortgage market, were bailed out during the global financial crisis. The firms were taken into “conservatorship”, a form of temporary government control. It has now been in place for almost 17 years.
Mass deportation is often framed as a pro‑worker policy. Remove unauthorized immigrants, the argument goes, and native wages will rise...
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 914.25 points or 1.73% to...
The World Economic Forum (WEF) summit at Davos has always been a meeting of technocrats. A place where financial and...
People shop at a Costco store in the Staten Island borough of New York City, U.S., Jan. 16, 2026. Brendan...
What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in...
Scientists May Finally Know Why You Can’t Remember Being a Baby and The Answer Is Tiny Immune Cells Acting as...
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