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Bitcoin and other cryptocurrencies are widely – but wrongly – panned as unregulated casinos or Ponzi schemes that create no real value. For example,...
Recently, Minnesota and Governor Tim Walz have come under scrutiny for Medicaid Fraud. The debacle received renewed focus on December 1 when Treasury Secretary...
Recently, two Federal Reserve governors delivered speeches with interesting differences. Michael Barr warned against weakening bank supervision, citing “growing pressures to scale back examiner...
To develop effective responses to populism, it is essential to first understand its nature and underlying causes. Just as bait must appeal to the...
For much of the twentieth century, the American Dream promised a straightforward bargain: work hard, save wisely, and secure a comfortable life. Today, that...
For 24 years, Gene Weierbach has operated his home-based car garage on his rural 16-acre property near Allentown, Pennsylvania. A well-loved mechanic, Gene chose...
After several years of calm, stress is again building in the hidden plumbing of the US financial system — the short-term funding markets that...
When my eldest son was four years old, he climbed on top of a batting cage at a park in New Jersey. Several bystanders...
“Chicken” is a game where two people, or two groups, want different things, in a context where “I win/you lose.” That is, there are...
Zohran Mamdani announced early this month that, should he win the New York City mayoral race, he intends to shut down New York City...
On and shortly after Liberation Day, economists warned that tariffs would raise prices, snarl supply chains, and cut into economic growth. Prices are higher,...
Across the United States, harvesters are beginning to scythe their way through fields of crops. How well or badly the harvest goes has traditionally...
I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve his goals....