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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...
Daniel Flynn’s recent biography, The Man Who Invented Conservatism: The Unlikely Life of Frank S. Meyer, sheds an interesting light on the origins of...
According to reports released this past summer, 80 percent of the Sustainable Development Goals (SDGs) are off track for the UN’s 2030 target, and...
“The welfare state as we know it today can no longer be financed by our economy.” With that single sentence, Chancellor Friedrich Merz broke...
President Trump last week ended trade talks with Canada because of an advertisement sponsored by the Ontario government featuring snippets of a 1987 speech...
On Wednesday, the Federal Reserve lowered its federal funds target range by 25 basis points, to 3.75–4.0 percent, its second cut in as many...
Thirty years ago, Congress failed by just one vote to send to the states a constitutional amendment requiring a balanced budget. Today, federal debt...
Electricity prices have moved from the background of daily life to the front lines of politics. What was once a quiet household expense is...
When a sharply lower price per gallon pops up at local gasoline pumps, it can induce a momentary cognitive dissonance. I mean, where is...
Since taking office as Argentina’s president in December 2023, Javier Milei has done something remarkable. He has reduced the annual inflation from 211 percent...
Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore — While I nodded, nearly...