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Wars test nations. They test military readiness, alliance cohesion, and political resolve. But they also test something less visible and just as important: fiscal...
What is President Javier Milei, really: a savior, or a bankruptcy trustee? An anarchist, a populist, or a classical-liberal reformer? Is he dismantling the...
In early December 2025, a cascading series of flight cancellations at IndiGo, India’s largest airline, brought one of the world’s fastest-growing aviation markets to...
Every few years, the century bond returns — not exactly with a bang, but with a new, shiny calculation involved. As reported by the...
On Friday, the Supreme Court issued its 6-3 opinion in the Learning Resources, Inc. v. Trump, and if you’ve spent any time reading or...
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
On July 8, 2024, a guest essay by Stephen Smith on elevator policy was published in The New York Times. Though this may seem...
On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the...
What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. As a result,...
January saw Americans grow markedly more pessimistic about the economy. The Conference Board reported that its Consumer Confidence Index fell almost ten points in...
Free-market capitalism still delivers the goods. But its political coalition is fracturing — and that should worry anyone who cares about prosperity and freedom....
Note: As of January 31, 2025, data for four of the 24 components of the Business Conditions Monthly indicators have not yet been published....