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On February 11, the Congressional Budget Office (CBO) released its latest Budget and Economic Outlook. It made for grim reading. Deficits are historically high,...
Inflation ticked down in January, the latest data released Friday from the Bureau of Economic Analysis shows. But it still remains well above the...
I recently used economist Albert Hirschman’s Exit, Voice, and Loyalty to explain why Jacinda Ardern, the former prime minister of New Zealand, quietly relocated...
On September 5, President Trump signed an executive order making The Department of War an official secondary name for The Department of Defense, seemingly...
This year marks the ninetieth anniversary of the Banking Act of 1935, the law that gave the Federal Reserve its current structure. Often overshadowed...
In a recent Wall Street Journal op-ed, former Federal Reserve Bank of Philadelphia President Patrick Harker recounts an interaction with a protester who did...
“History doesn’t repeat, but it often rhymes,” is a famous saying attributed to American author Mark Twain. When you read today’s news about the...
In a recent Wall Street Journal op-ed, former Federal Reserve Bank of Philadelphia President Patrick Harker recounts an interaction with a protester who did...
“History doesn’t repeat, but it often rhymes,” is a famous saying attributed to American author Mark Twain. When you read today’s news about the...
This year marks the ninetieth anniversary of the Banking Act of 1935, the law that gave the Federal Reserve its current structure. Often overshadowed...
National security is the textbook case of a subsidized public good — taxpayer-funded, centrally coordinated, and traditionally insulated from market prices. Ukraine’s wartime economy,...
“I don’t give a sh*t what you call it.” So wrote Vice President J.D. Vance in response to journalist Brian Krassenstein, who questioned Vance’s...
President Trump’s “One Big Beautiful Bill” (OBBB) is a mixed bag for the Federal Reserve. On the one hand, OBBB’s passage removes the near-term...