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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....
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...
Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative Research Department of the...
The howls of disapproval from the cowboy-hat demographic have been loud this week, and for good reason. President Trump has announced plans to quadruple...
Austerity comes from the Greek word “austeros,” connoting harsh, bitter, astringency. The first instance of the word to mean fiscal discipline was in 1937,...