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The 2025 Thanksgiving season arrives with an unwelcome development: after last year’s brief and much-needed period of easing in several Thanksgiving staples, prices have...
Can regulation work when a market changes faster than a case can be litigated? The Justice Department filed its antitrust case against Google in...
Introduction The gold standard was a monetary system that defined a unit of a nation’s currency as a fixed weight of gold and made...
Segment of a political cartoon from the 1890s, titled “A Confidence Trick.” JM Staniforth 1895. Recently on Facebook, an attractive young woman – or...
President Franklin D. Roosevelt signs the Social Security Act. 1935. Donald Trump and Joe Biden began the campaign season by staying away from social security reform....
New Year’s Eve fireworks above the US Capitol Building, Washington DC. 2016. “Should auld acquaintance be forgot and never brought to mind?” Many in...
Signage at the East River Plaza mall in Harlem, NY reflects grocery options competing side-by-side, including warehouse clubs and discounters. 2021. Nearly two years...
Artist’s concept of a central bank digital currency. When it comes to designing digital currencies that protect the identity and transactions data of their...
Andrés Manuel López Obrador addresses a press conference. EneasMx. July 2024. Here in the US we don’t normally have much interest in the domestic...
Economic misconceptions persist due to misguided intuitions that overlook complex factors, a preference for principles over outcomes, the influence of epistemic bubbles, and political...
Revolutionaries burn a carriage in front of the Chateau d’eau in Paris during the French revolution. Lithograph, Nathaniel Currier. 1848. “In one sense, at...
A young waitress cheerfully takes orders from a group. In Leave Me Alone and I’ll Make You Rich: How the Bourgeois Deal Enriched the...
Close-up of the in vitro fertilization procedure, with needle injecting into egg under microscope. During the most recent debate with Vice President Harris, former...