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The 2025 Thanksgiving season arrives with an unwelcome development: after last year’s brief and much-needed period of easing in several Thanksgiving staples, prices have...
Can regulation work when a market changes faster than a case can be litigated? The Justice Department filed its antitrust case against Google in...
Introduction The gold standard was a monetary system that defined a unit of a nation’s currency as a fixed weight of gold and made...
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,...