Peter's Blog

Fed Governor Williams: “We’ll Have Inflation Under Control in 2027”

Federal Reserve Bank of New York President John Williams flew to Santiago this week to deliver a talk—fittingly titled “Navigating Unpredictable Terrain”—at the Central Bank of Chile’s centennial bash. While gold bulls were busy bidding the metal to a fresh high of $4,098 per ounce on Friday, Williams told the audience he still sees U.S. […]

A Brief History of Interest in Christian Thought

While America has grown to become a nation full of a diverse range of religions, most of the founders shared a christian heritage. They developed their understanding of the human person and the basis for government from christian thought. While now a key consideration at all levels of society, from credit-owing individuals to the federal […]

The High Cost of a Society Riddled With Debt

Whether for nations, businesses, or consumers, debt is highly marketed and highly utilized. While debt is a core driver of business success, the extent to which it is used is actually extremely harmful and is a market inefficiency driven by government incentives. The choice to embrace debt made by almost every modern nation has trickle-down […]

50-Year Mortgages Are A Trap

With the Trump administration increasingly desperate to create any illusion of prosperity, a new proposal was introduced to create federally-backed 50-year mortgages to make housing “more affordable.” The plan promises lower monthly payments that Trump says would open the door to millions of would-be buyers priced out of the current market.  But as ultra-long term […]

Is Capitalism Really to Blame for an Aesthetically Dreary Society?

Whether it is the right criticizing progressive or alternative forms of architecture, or the left criticizing the horrific style choices of right wing pundits, it is an undeniable fact that a lack of beauty is perceived as somehow linked to a lack of virtue. While it is common for party members to cherry-pick specific examples […]

Fed Governor Waller Calls for More Easing as Inflation Persists  

Federal Reserve Governor Christopher Waller told the Society of Professional Economists in London Monday night that he backs another 25-basis-point cut at the December FOMC meeting, calling the move “additional insurance” against a slowing labor market. His speech, delivered barely a month after a 43-day U.S. government shutdown halted many official releases, leaned heavily on […]

Why Division in the Right is Different this Time

The recent drama at the Heritage Foundation was a wakeup call to many on the right that the traditional conservative alignment had radically shifted. While it was ultimately a disagreement over tone, the controversy it caused made more evident fault lines that have begun to become far more visible since Trump’s inauguration in January. The […]

The Paradox of Mamdani’s Paradise

When Zohran Mamdani ran for mayor of New York City, his platform promised paradise: rent freezes on stabilized apartments, free city buses, universal childcare from six weeks to age five, city-run grocery stores not motivated by profit, and a minimum wage of $30 per hour by 2030, all funded by higher taxes on corporations and […]

The Lobbying Paradox: How Free Speech Can Undermine Economic Freedom

Lobbying is blamed for a multitude of evils by people from every area of the political spectrum. While it is extremely unpopular, its role in shaping the US’s regulation and national character is undeniable. This seems like a non-statement, but the normalization of lobbying as it is currently done has greatly damaged both America’s institutions […]

Why the Right Should be Boring Again

From the 1920s to 2016, one of the strongest factions of the right has always been the boring “small government conservative.” With notable exceptions, like an idealistic vision for world peace backed by US military supremacy, the party primarily stayed constant in their role as the adults in the room to push back against unrealistic […]