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Note: The December 2025 readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional rather than definitive....
The latest clash between President Trump, Federal Reserve Chair Powell, and the Department of Justice has been widely portrayed as a constitutional crisis for...
With its recent announcement of a trade deal with China, the White House intended to reassure markets, manufacturers, and the military that China would...
Donald and Melania Trump are eating breakfast together at Mar-a-Lago on the morning of January 21, 2029. At noon on the previous day, Gretchen...
Why do people vote, protest, or boycott, when their individual actions almost never change political outcomes? Economists have long emphasized that the probability that...
No president in American history had greater skill in the political uses of radio than Franklin Delano Roosevelt. His warm voice was called “sincere...
Having read and written extensively (for example, here) about the suffering of the Chinese people under Mao, I was horrified and alarmed to listen...
In mythology, the badger is an unlikely symbol of wisdom. Resourceful and persistent, it digs deep for hidden answers, and surprises opponents with unexpected...
This paper investigates the effect of affordable housing obligations in New Jersey on cost of living, cost of housing, and actual housing production. New...
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...
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...
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...