…After 1873, the political divisions centered on whether the U.S. would go on a bimetallic standard of gold and silver, or base the dollar solely on gold. Frieden uses Congressional…

…irritating. Fortunately someone figured out what they should have done. Walter Bagehot explained it clearly in 1873. The idea is that the central bank should lend freely accepting as collateral…

“US Trade Deficit Rises 4.8% in February to Record High,” Commenter R.J.S. at Marketwatch 666 Our trade deficit rose 4.8% February, as both our exports and imports decreased, but the value…

EconoSpeak: Socially Ambivalent Labour Time VII: Capital volume 1, chapters one and three. Sandwichman, July 30, 2021 Afterword to the Second German Edition [of Das Kapital, Buch 1] (1873): I must…

Housing ends 2021 with a bang Housing ended 2021 with a bang, as housing starts (blue in the graph below, left scale) increased to 1.702 million annualized, and permits (gold)…

…government stepped in. 8. On top of that, when the railroad investment bubble burst in the Panic of 1873, plunging the country into a deflationary recession, the North lost all…

…impression. The panic of 1873, when a post-Civil War speculative bubble burst, launched a depression that lasted until 1879. By Christmas of 1876, whatever centennial spirit there was had mostly…

…the drug, but the radical majority are not giving up their quest. In addition, Justices Thomas and Alito asked repeatedly about the plaintiff lawyers’ invoking the Comstock Act of 1873, which banned…

I believe Angry Bear can present this excellent article on how the Supreme Court is evolving its interpretation of the Public Health. I am using it as informational and instructional…

…further argues that the 1873 Comstock Act prohibits mailing matters “intended for producing abortion.” Yet, the DOJ has interpreted this ancient law as inapplicable to the lawful mailing of approved abortion medication….