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I recently used economist Albert Hirschman’s Exit, Voice, and Loyalty to explain why Jacinda Ardern, the former prime minister of New Zealand, quietly relocated...
In the technology arms race between the United States and China for dominance in artificial intelligence (AI), we are often told that the decisive...
On February 20, the Supreme Court handed the Trump administration a stinging rebuke. In a 6-3 decision, the justices ruled that the International Emergency...
The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5 to 3.75 percent. Markets...
Last month, we lamented California’s Frontier AI Act of 2025. The Act favors compliance over risk management, while shielding bureaucrats and lawmakers from responsibility....
President Trump’s detractors and defenders alike have cast his federal foray into local law enforcement as a revival of “broken windows” policing. But while...
The tragic assassination of Charlie Kirk has left a deep vacuum within the American right — one that various political actors are now attempting...
When Sen. Bernie Sanders and New York City Mayor-Elect Zohran Mamdani recently rallied with striking Starbucks workers, they trumpeted a “New York where every...
On almost every page of The Socialist Calculation Debate and the Relevance of Economic Knowledge, I found myself thinking, “I can’t believe a monograph...
Until very recently, the Federal Reserve had been ratcheting up bank regulations. Economists generally agree that excessive bank regulation dissuades banks from extending credit...
In the modern world, prices always seem to be rising. With the exception of technology and maybe a few other industries, no one wonders...
In the modern world, prices always seem to be rising. With the exception of technology and maybe a few other industries, no one wonders...
Guess who’s coming home for Christmas? Many college graduates are getting fired just five or six months into their first “real world” jobs. Sixty...