From FEE <[email protected]>
Subject How the Fed crashed the tech and housing markets
Date August 11, 2019 3:09 PM
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FEE Daily

Central bankers appear to have learned little from recent history.

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A Tale of Two Bubbles: How the Fed Crashed the Tech and the Housing Markets ([link removed] )

by Luka Nikolic

The tech bubble in 2001 and the housing bubble of 2008 are more closely tied together than many realize, which becomes evident through analysis of the monetary policies of that period.

CENTRAL BANKERS APPEAR TO HAVE LEARNED LITTLE FROM RECENT HISTORY. ([link removed] )

Why Keynes Believed Efforts to Fight Income Inequality Hinder Economic Growth ([link removed] )

by John Phelan

Keynes never deviated from his belief that long-run growth is driven in large part by capital accumulation. And income inequality is a key driver of capital accumulation.

KEYNES MIGHT NOT ACTUALLY HAVE SAID, “WHEN EVENTS CHANGE, I CHANGE MY MIND,” BUT THE FLEXIBILITY OF HIS BELIEFS WAS LEGENDARY. ([link removed] )

What the "The Mule" Tells Us about the Drug War ([link removed] )

by David R. Henderson

If you favor the drug war, you might want to ask whether there’s a tension between your view on the drug war and your view on whether Clint Eastwood’s character should be caught.

CLINT EASTWOOD'S CHARACTER ENGAGES IN A VOLUNTARY PURSUIT THAT HARMS NO ONE. ([link removed] )

7 Reasons to Oppose Red Flag Guns Laws ([link removed] )

by Jon Miltimore

The AP reports Congress is seriously considering red flag gun legislation. The problem is there is little evidence that red flag laws⁠ work, though they pose clear ethical and constitutional concerns to civil libertarians.

HERE ARE SEVEN REASONS RED FLAG LAWS SHOULD BE OPPOSED, PARTICULARLY AT THE FEDERAL LEVEL. ([link removed] )

"Fast-Track" Deportation Threatens Due Process ([link removed] )

by Brad Polumbo

Enforcing our nation’s laws is of the utmost importance. But so, too, is respecting the dignity and rights of all who live in the land of the free.

EVERYONE’S ENTITLED TO THEIR DAY IN COURT—EXCEPT ILLEGAL IMMIGRANTS, APPARENTLY. ([link removed] )

There Is No Government Shortcut for Entrepreneurial Success ([link removed] )

by Brooke Medina, Doug McCullough

Senator Elizabeth Warren is right that the path to wealth is through entrepreneurship. But her policy prescription is merely the latest in a long line of government attempts to interfere with America’s entrepreneurial ecosystem, a system that has thrived, in large part, because of limited government interference.

ELIZABETH WARREN’S BELIEF THAT GOVERNMENT IS CAPABLE OF “LEVELING THE PLAYING FIELD” DOES A DISSERVICE TO THE UNIQUE ENTREPRENEURIAL ECOSYSTEM THAT FREE ENTERPRISE FACILITATES. ([link removed] )

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