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President Trump has accused virtually every country, including those inhabited only by penguins of ripping us off when it comes to trade. But there’s...
For decades, pundits have declared that Americans shouldn’t have to save for retirement in the casino of the stock market. They argued that individuals...
For three months at the peak of COVID-19, I treated some of New York City’s sickest patients at Bellevue Hospital, the city’s historic public...
Every few months a headline or social media post circulates declaring that a corporate leader earns hundreds or even thousands of times more than...
Note: The October-November readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional rather than definitive. A...
The title of Dan Wang’s book Breakneck focuses on the People’s Republic of China (PRC) specifically, but it is really about the self-conscious great-power...
In its manifesto for the 2024 general election, Britain’s Labour party listed “Five Missions to Rebuild Britain,” the first being: “Kickstart economic growth.” The...
On most days, America’s air traffic control system is invisible. The radar screens flicker, the controllers thread needles as planes approach and depart, and...
December 2025 marks the official end of the largest cycle of quantitative tightening the Federal Reserve has ever undertaken. From a peak of $8.93...
Language matters. Words have not only technical meanings; they also summon particular attitudes and impressions. And sometimes these attitudes and impressions differ significantly from...
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...