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The answer to the question “Who pays the cost of tariffs?” is obviously important. If the costs of all tariffs were paid exclusively by...
President Trump has nominated Kevin Warsh to succeed Jerome Powell, whose term as Federal Reserve Chair expires in May 2026. Trump has made no...
Donald Trump wants lower interest rates. He has said so openly and has pressured the Federal Reserve accordingly. The political logic seems obvious: easier...
In 2018, Democratic lawmakers in California created a new bureaucratic department, in part, to “close equity and achievement gaps” at higher education institutions in...
On August 28, 2025, Chicago Public Schools (CPS), the fourth-largest school district in the US, passed a $10.2 billion budget and is facing a...
The Federal Reserve’s Board of Governors got a taste of The Apprentice treatment last week. On August 25, President Trump removed Lisa Cook from...
For the first time in Gallup’s 90-year polling history, a majority of Americans now view moderate alcohol consumption as bad for one’s health. Just...
Although conversations between economists are essential — sharpening our thinking, challenging assumptions, and refining concepts — it’s easy to forget just how intractable and...
Although conversations between economists are essential — sharpening our thinking, challenging assumptions, and refining concepts — it’s easy to forget just how intractable and...
For the first time in Gallup’s 90-year polling history, a majority of Americans now view moderate alcohol consumption as bad for one’s health. Just...
The Federal Reserve’s Board of Governors got a taste of The Apprentice treatment last week. On August 25, President Trump removed Lisa Cook from...
Earth is going to hit “peak population” before the end of this century. Within 25 years, most of the world’s developed nations will be...
The Great Enrichment refers to substantial improvements in well-being, driven by comparatively permissive, enlightened, and liberal attitudes towards experimentation and entrepreneurship. Such attitudes coalesced...