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Tempting as it may be, I have no business assigning homework to readers of The Daily Economy. Perhaps, however, I can inspire with enthusiasm. ...
Many debates on economic topics hinge on a set of familiar words: production, prices, costs, value. These terms appear constantly in political speeches, news...
Ten Points Commercial nuclear fission dates from the 1950s, a time when electricity was generated by fossil fuels (80 percent) and hydro (20 percent)....
Electricity prices have moved from the background of daily life to the front lines of politics. What was once a quiet household expense is...
When a sharply lower price per gallon pops up at local gasoline pumps, it can induce a momentary cognitive dissonance. I mean, where is...
Since taking office as Argentina’s president in December 2023, Javier Milei has done something remarkable. He has reduced the annual inflation from 211 percent...
Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore — While I nodded, nearly...
Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative Research Department of the...
The howls of disapproval from the cowboy-hat demographic have been loud this week, and for good reason. President Trump has announced plans to quadruple...
Austerity comes from the Greek word “austeros,” connoting harsh, bitter, astringency. The first instance of the word to mean fiscal discipline was in 1937,...
Introduction Medicaid, Title XIX of the Social Security Act, is a joint federal-state program that finances health care to the poor.[1] When it was...
In the aftermath of World War I, thousands of young officers were faced with limited prospects for advancement. In that inauspicious moment, then–Second Lieutenant...
Americans are feeling the sting of President Trump’s tariffs. Consumer goods ranging from coffee and watches to toys and televisions are experiencing a jump...