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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....
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
On July 8, 2024, a guest essay by Stephen Smith on elevator policy was published in The New York Times. Though this may seem...
On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the...
What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. As a result,...
January saw Americans grow markedly more pessimistic about the economy. The Conference Board reported that its Consumer Confidence Index fell almost ten points in...
Free-market capitalism still delivers the goods. But its political coalition is fracturing — and that should worry anyone who cares about prosperity and freedom....
Note: As of January 31, 2025, data for four of the 24 components of the Business Conditions Monthly indicators have not yet been published....
It used to be said that the sun never set on the British Empire, so far-flung were its possessions. Britain has long since retreated...
The Atlantic recently ran a story headlined “He Was Homeschooled for Years, and Fell So Far Behind.” It profiles Stefan Merrill Block, who was...
Introduction Throughout American history, the federal government has played a role in state and local policy. The Congressional Research Service (CRS) breaks down the...