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Every time I hear a young person romanticize socialism, I picture them trying to explain it to someone who’s actually lived through it. The...
Twenty years ago, a committee led by former Chair of the US Federal Reserve Paul Volcker released its report. The committee had investigated what...
On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. The program was designed to give private sector retired...
It must be frustrating to be an economist. Theoretical discussions and arguments about tariffs date back to at least the eighteenth century. In 1776,...
For decades, international development has been synonymous with massive aid programs, billion-dollar projects, and slow-moving bureaucracies. Governments and global institutions have spent trillions trying...
Fears about tariffs causing a recession are high right now. Betting markets pretty clearly favor the claim of a forthcoming recession. Businesses do have...
After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI)...
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive...
On Capitol Hill, where memories are short, concern about open-ended military conflicts — or as one might call them, war — is now considered...
After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI)...
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive...
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive...
Fears about tariffs causing a recession are high right now. Betting markets pretty clearly favor the claim of a forthcoming recession. Businesses do have...