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Does the administration think its supporters don’t understand economics? I would hope not, but some of their policies and proposals make one wonder. On...
In the opening week of 2026, several scholars at the Heritage Foundation published a special report titled “Saving America by Saving the Family: A...
I sound like a nutcase; I know. I could see it in my octogenarian grandpa’s eyes, as he thought what I said was ludicrous....
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...
Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year. It is a relatively...
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....
This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth. The 2025 Sveriges Riksbank...
Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had cracked apart, fleeing the...
By every official measure, the economy seems to be doing well. Personal income, disposable income, and consumption expenditures all increased. GDP growth has been...