americas | The Property Chronicle

The renewed politicizing of the Federal Reserve

by Thomas L Hogan | May 9, 2022 | The Economist, zLead Article, zNewsletter

Economic research shows that monetary policy works best when conducted by an independent central bank. After Fed chairs in the 1960s and 70s caved to pressure from American presidents, those who followed sought, at least to some degree, to reestablish the...

The true cost of a hamburger

by David Gillette | May 3, 2022 | The Professor, zLead Article, zNewsletter

The United States Federal Government spends $38bn every year subsidising the meat and dairy industries. Research from 2015 shows this subsidisation reduces the price of Big Macs from $13 to $5 and the price of a pound of hamburger meat from $30 to...

From British tea to Russian vodka

by J Mark Powell | Mar 31, 2022 | The Historian, zEditor's pick, zLead Article

A brief history of boycotts. From government bans to customers pouring it in gutters by the gallon, Americans are saying “nyet” to Russian vodka, expressing their anger over the Kremlin’s unprovoked invasion of Ukraine. Politicians have known since the republic’s...

How the Fed painted us into a corner

by Robert F Mulligan | Mar 23, 2022 | The Economist, zLead Article, zNewsletter

The Federal Reserve System manages the US’s money supply, increasing or decreasing bank credit and other circulating media to reach a target interest rate usually announced at meetings of the Open Market Committee, which meets eight times a year. They met this week,...

The CEO

by Donald J Boudreaux | Mar 21, 2022 | The Professor, zLead Article, zNewsletter

Suppose you own a substantial number of shares – say, $500,000 worth – in Acme Corp, a manufacturer of home furnishings. And being a shareholder, you decide to attend the corporation’s annual meeting. You arrive early for a good seat, eager to hear what Acme’s...

From British tea to Russian vodka

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