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Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations is a long book. But in its first twenty pages,...
In late December, winter storms brought rain and snow that modestly improved California’s reservoirs and snowpack. Officials quickly cautioned, however, that this would not...
Given the bluster and nonstop chatter of today’s political class, President Calvin Coolidge, or “Silent Cal,” might be viewed as a quaint relic. His...
It is important to celebrate victories for economic freedom as they emerge, even when they come in the most peculiar of places. One such...
Thanksgiving draws people, regardless of race or creed, together around a table heavy with food and laughter. At its center sits a golden turkey,...
In most sectors of the American economy, we celebrate the moment when insiders break away to build something better. Engineers start their own firms....
In a recent analysis gone viral, financial blogger Michael W. Green traced how modern American families can earn anywhere from $40,000 to $100,000 and...
The longest federal shutdown in US history has created deep gaps in the flow of economic data, preventing calculation of the Business Conditions Monthly...
The 2025 Thanksgiving season arrives with an unwelcome development: after last year’s brief and much-needed period of easing in several Thanksgiving staples, prices have...
Can regulation work when a market changes faster than a case can be litigated? The Justice Department filed its antitrust case against Google in...
Introduction The gold standard was a monetary system that defined a unit of a nation’s currency as a fixed weight of gold and made...
On Capitol Hill this week, five Democratic senators accused the Trump administration of “sweetheart deals with Big Tech” that have “driven up power bills...
Recent movements in short-term loan markets are a timely reminder of a forgotten truth: The Federal Reserve is not the master of credit conditions....