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| Trump’s Faulty Tariff Scheme |
| Donald Trump recently addressed top CEOs with a proposal that he sells as helping to reduce income taxes. But, even assuming the best intentions, it is hardly convincing. |
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Commercial Bank Chickens Come Home to Roost |
| The FDIC added 11 new banks to its Problem List in the first quarter of 2024, bringing the total to 63. The endemic, underlying issues in the commercial banking sector are increasingly obvious. |
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| There’s No Good Reason for the Fed to Have an Inflation Target |
| A market-selected commodity money enables economic growth without any inflation target to speak of. Markets are made up of individuals with their own values and plans. |
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