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“Regime uncertainty” should be our bywords for understanding the economy of 2025. Trump’s push for “state capitalism,” ranging from tariffs to taking federal stakes...
The darkest days of the year have always asked something of us. Long before we strung electric lights and gathered around brick fireplaces, people...
President Trump has accused virtually every country, including those inhabited only by penguins of ripping us off when it comes to trade. But there’s...
Empty supermarket shelves in Caracas, Venezuela, during widespread shortages of food and medicine caused by price controls and hyperinflation. 2018. Things are rarely so...
Uncle Sam as Tantalus, frustrated in seeking Prosperity by posts representing high protective tariffs and political agitation, divided from his goal by an “ocean...
Federal Reserve Chair Powell participated in a discussion at the Economic Club of Washington last month. 2024. The Federal Reserve’s efforts to bring down...
Vice President and candidate Kamala Harris addresses the American Federation of Teachers’ labor union convention in July 2024. Vice President Kamala Harris recently announced...
Liz Truss, former Prime Minister of the United Kingdom, speaks at an American conference. 2024. “The Old Lady of Threadneedle Street” is the affectionate...
Oren Cass, now chief economist of American Compass, speaks in New Orleans. 2017. Nothing signals a greater likelihood of intellectual confusion than does intellectual...
A commissioner of the Bureau of Weights and Measures investigates food prices in a New York City store at the beginning of World War...
Aerial view of a developer’s newly built homes near Saint Johns, Florida. 2024. To a man with an antitrust hammer, everything looks like a...
A young woman clad in a traditional Tibetan outfit and holding a prayer wheel. 2023. Even a cursory knowledge about modern China reveals the...
A young man sits outside a small, discount barber shop in Natchez, Mississippi. 1935. Three decades ago, few economists would speak against free trade...