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President Trump’s conflicts with Chairman Powell and with Governor Cook have obscured real shortcomings at the Federal Reserve and brought little useful change. These...
At a recent Senate hearing on the fiscal outlook, legislators and budget experts said the quiet part out loud: the United States is running...
Compare this argument from President Trump on Truth Social, in January 2026, to another (perhaps the same?) made by Pierre Joseph Proudhon in 1849....
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....
Central planners just can’t help themselves. They feel obligated to solve the world’s problems. Consider this year’s Orwellianly-named “Conference of the Parties” (COP-30), the...
Do you sell cupcakes, run a home photography studio, or tutor kids in your living room? If so, you might be breaking the law....
The modern American right could stand to gain from the insight of Richard M. Weaver. Weaver, a twentieth-century conservative of the Southern tradition, perceived...
What kind of goods and experiences comprise a “normal life”? In 1900, Henry George thought millionaires lived abnormally because they had telephones in their...