Categories Politics

The “Ratchet Effect”: Why It’s So Hard to Shrink the Government

April 17, 2025

Economist Robert Higgs described the "ratchet effect" in which government either creates a crisis or responds to one, leading to a permanent

Categories Politics

Opponents of Big Government Need to Reverse the “Ratchet Effect”

April 17, 2025

Economist Robert Higgs described the "ratchet effect" in which government either creates a crisis or responds to one, leading to a permanent

Categories Politics

Trump calls for Fed Chair Jerome Powell’s ‘termination’

April 17, 2025

Trump demands more easy money and lower interest rates. Powell isn't dovish enough for Trump.