americas | The Property Chronicle

The Fed Is Bankrupt

by Thomas L Hogan | Apr 17, 2023 | The Economist, zNewsletter

ederal Reserve Chair Jerome Powell recently testified before Congress on the current state of the US economy. In addition to monetary policy, Powell was questioned about the Fed’s regulatory proposals regarding cryptocurrencies and climate-related...

When Federal interest payments come to exceed the military budget

by Doug Bandow | Mar 14, 2023 | Golden Oldie, The Economist

Time to stop defending the rest of the world. A new year dawns bright, with the US hurtling over the fiscal cliff. The lame duck Congress voted for a pork-packed $1.7tr budget bill. As the saying goes, it’s only money! At a time of enormous domestic...

The war on woke capitalism

by David Bach | Mar 2, 2023 | The Analyst

Here’s what they get wrong. Ron DeSantis, Florida’s Republican governor and likely future presidential contender, has opened up a new front in his party’s war on “woke capitalism”. He is proposing to change the rules around how public bodies within Florida borrow...

The diversity dodge

by John Hasnas | Feb 15, 2023 | The Analyst, zLead Article, zNewsletter

Elite universities have embarked on a quest for diversity. They have devoted hundreds of millions of dollars to obtaining a diverse faculty. Many universities now require applicants for faculty positions or promotion to file diversity statements —...

S&P 500 CAPE valuation and forecast for 2023

by John Kingham | Feb 15, 2023 | The Analyst, zOurWriters2

Like most stock market indices around the world, the S&P 500 did not have a particularly good 2022. Shortly after reaching a new all-time high in 2021, the index went from 4,766 at the start of 2022 to 3,840 by the end, recording a capital loss for the year of...