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For much of the last half-century, California benefited from a powerful first-mover advantage. Dense networks of talent, capital, and research institutions allowed the state...
Private markets work well when they are allowed to function free from big government directives. The latest example is in the world of financial...
When the internet went mainstream at the turn of the twenty-first century, it was widely celebrated as a revolutionary force for freedom and democracy....
The Trump administration has increased tariff rates on dozens of countries in part to kickstart trade policy negotiations. These tariffs include 10 percent tariffs...
AIER’s Business Conditions Monthly indicators suggest that the US economy remained under pressure in April, with the Leading Indicator slipping further into contractionary territory....
The celebration of black emancipation deserved better advocates than the ones it got. One comment I get very often when I speak to people...
Yesterday, the Federal Reserve’s monetary policy committee kept the target range for its policy interest rate at 4.25 to 4.5 percent, unchanged since December...
Introduction Economists, policymakers, and business leaders widely regard central bank independence as a desirable feature of monetary-institutional design. What is central bank independence, and...
The celebration of black emancipation deserved better advocates than the ones it got. One comment I get very often when I speak to people...
Yesterday, the Federal Reserve’s monetary policy committee kept the target range for its policy interest rate at 4.25 to 4.5 percent, unchanged since December...
On June 9, about 300 employees of the National Institutes of Health, representing all 27 NIH institutes, issued a letter they called the “Bethesda...
The One Big Beautiful Bill Act (OBBBA), intended to lower the tax burden for Americans and thus to stimulate growth, contains one provision that...
One of the largest residential solar installers, Sunnova, went belly up on June 8. The company had over $10 billion in debt and a...