Economics/Class Relations

The Federal Reserve’s Fatal Conceit

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June 28, 2025

The Federal Reserve’s Fatal Conceit

Senior Fellow Judy Shelton asks: What is the appropriate role of the Federal Reserve in America’s free-market economy?

Slavery Wasn’t Simply ‘Capitalism Run Amok’

Senior Fellow and David J. Theroux Chair Phillip Magness emphasizes how the institution of slavery largely depended on government support in a Letter to the Editor.

WHO’s Out First?

Policy Fellow K. Lloyd Billingsley suggests the USA and Argentina’s exodus from the World Health Organization could  foreshadow an exit from the United Nations.

PODCAST

Why Immigration Improves Economic Freedom and Institutions

Senior Fellow Benjamin Powell debunks common myths surrounding mass immigration, including fears of job loss, wage suppression, and fiscal burdens.

Institutional Investors Aren’t the Villains of America’s Housing Market

Research Fellow Caleb Petitt shows how much of the recent shift away from homeownership can be attributed to increased regulation following the 2008 financial crisis.

MORE MEDIA ATTENTION

Regulation

Senior Fellow William F. Shughart II reveals the awkward truths about the origins and consequences of Standard Oil Co. of New Jersey v. United States, known as “the mother of all monopolization cases.” Read more »

Forbes

Senior Fellow John Goodman explains what DOGE can do for Social Security.

Read more »

Libertarianism.org

Research Fellow Caleb Petitt argues that a careful reading of Adam Smith on the Navigation Acts reinforces the general claim that Smith was a staunch supporter of open markets and free trade. Read more »

Washington Times

Senior Fellow Alvaro Vargas Llosa urges lawmakers to do no harm when enforcing immigration law. Read more »

Reason

Senior Fellow Stephen Halbrook breaks down the arguments for overturning New York’s ban on firearms in public parks. Read more »

Law & Liberty

Writer David Lewis Schaefer praises Research Fellow Jonathan Bean’s recent book, Race & Liberty in America: The Essential Reader. Read more »

AUDIO

WABC Radio

Senior Fellow Judy Shelton joins Steve Moore of Moore Money to argue the dollar should not simply be an economic tool but a dependable unit of account. Listen now »

UPCOMING EVENT

What If Everything You Know about the 1619 Project Is Wrong?

Join us for a reception and conversation on Thursday, July 17, with Research Fellow Jeffrey Rogeres Hummel and Senior Fellow and David J. Theroux Chair Phillip W. Magness on his explosive new book, The 1619 Project Myth!
Get Tickets
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