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In Defense of Economic Noninterventionism

A recent Wall Street Journal article has surprisingly good news: US companies are seeing the highest profit growth in two years with “two consecutive quarters of double-digit profit growth for the first time since 2011.” This surprisingly comes not from policies pursued in Washington, but the hard work of the private sector.

Too Big Not To Fail
Issue Analysis

Too Big Not To Fail

Some pundits are saying that the big banks like JP Morgan and Bank of America are too big and need to be broken up, in sort of a preemptive antitrust enforcement. But it would be far better if we just let the free market work, as we should have been doing all along.