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Two years after the European Union (EU)’s Digital Markets Act (DMA) took effect, the results have been mixed to negative. Promises about certainty, lower...
A good few years before the AI craze, my Oxford lecturer gave a presentation on the shifting nature of work. An economic historian by...
The strains emerging in the roughly $3 trillion private credit market are no longer isolated anecdotes; they are coalescing into a coherent signal of...
On Friday, the Supreme Court issued its 6-3 opinion in the Learning Resources, Inc. v. Trump, and if you’ve spent any time reading or...
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...
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...