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As of December 31, 2025, data for 11 of the 24 components of the Business Conditions Monthly have not yet been published. The timing...
President Trump has accepted the Nobel Peace Prize that was awarded to Venezuela’s opposition leader, María Corina Machado. Unlike Machado, however, he does not...
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...
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...
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...
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...
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...