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Kevin Hassett’s recent call to “discipline” Federal Reserve researchers over a New York Fed study on tariffs is not just a political swipe. It...
Delayed data confirms inflation remained well above target in December. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure...
Despite what you’ve heard, first time homebuyers are not getting dramatically older. Statistics are like hot dogs — often juicy but with sometimes questionable...
Across the United States, harvesters are beginning to scythe their way through fields of crops. How well or badly the harvest goes has traditionally...
Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year. It is a relatively...
I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve his goals....
This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth. The 2025 Sveriges Riksbank...
Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had cracked apart, fleeing the...
By every official measure, the economy seems to be doing well. Personal income, disposable income, and consumption expenditures all increased. GDP growth has been...
Governor Michelle Lujan Grisham announced in September that New Mexico will become the first state in the nation to guarantee free childcare for its...
Almost two years ago, the enthusiasm of the 56 percent of Argentine voters who called for “Freedom” when electing Javier Milei as President of...
Donald and Melania Trump are eating breakfast together at Mar-a-Lago on the morning of January 21, 2029. At noon on the previous day, Gretchen...
Why do people vote, protest, or boycott, when their individual actions almost never change political outcomes? Economists have long emphasized that the probability that...