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It seems likely the mortgage-backed securities will be on the Fed’s balance sheet until they finally mature. In the meantime, they will continue racking up billions of dollars in cash losses each month.
Ryan and Tho examine the role that ideology and interest groups will have on Trump's administration and on his political appointees.
Episodes that made a difference involved an ideological and philosophical battle about policy and the role of government. That’s what the Mises Institute is all about–we’re in the business of idea bombs.
Our troubles don't stem from quotas, set-asides, and the like. They stem from the presumption that the government should be monitoring discrimination in the first place.
While it is often framed in the media as a battle between principled conservatives and an angry, non-ideological movement focused solely on personal loyalty to Trump, the current civil war on the American right is only the latest chapter in a much older story.
In January 2025, the Mises Institute will hold its next Mises Book Club, a program that promotes deep reading in Austrian economics.