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Recently, two Federal Reserve governors delivered speeches with interesting differences. Michael Barr warned against weakening bank supervision, citing “growing pressures to scale back examiner...
On January 3, 1976 — 50 years ago — the United Nations’ “International Covenant on Economic, Social and Cultural Rights” entered into force with...
Elon Musk recently put forth a bold vision: that within two decades, AI will automate virtually all productive activity, work will be optional, and...
Central bank independence isn’t just wonky economic theory. It’s a stabilizing force in fiat money-using economies. When shortsighted politicians control monetary policy, the public...
Gold has crossed $4,000 per ounce just 200 days after it passed $3,000. What began as a slow march from crisis to crisis has...
America is in the midst of a housing crisis. Homelessness hit a record high last year, rising 18 percent in 2024. Meanwhile, rent spiked...
The reported death of US dollar dominance has been greatly exaggerated. The dollar’s demise has been repeatedly prophesied, supposedly threatened by any number of...
In 1961, with global politics chilled by the looming Cold War, President Dwight D. Eisenhower delivered his farewell address, warning the nation of a...
The Organization for Economic Co-operation and Development’s (OECD) latest economic outlook should serve as a wake-up call for Washington. While the organization upgraded global...
In August, the Associated Press reported that Nigeria had passed a law prohibiting the export of raw shea nuts — a key ingredient in...
The American housing market is no stranger to boom and bust cycles, but the current slowdown in existing home sales is remarkable both for...
Argentina’s recent $20 billion currency swap agreement with the US underscores the delicate balance of economic reform and the vital need for liberalization. Last month, there...
Creating a long list of the familiar flaws in protectionists’ thinking is easy. Protectionists don’t realize that, although trade ‘destroys’ some particular jobs in...