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I recently used economist Albert Hirschman’s Exit, Voice, and Loyalty to explain why Jacinda Ardern, the former prime minister of New Zealand, quietly relocated...
In the technology arms race between the United States and China for dominance in artificial intelligence (AI), we are often told that the decisive...
On February 20, the Supreme Court handed the Trump administration a stinging rebuke. In a 6-3 decision, the justices ruled that the International Emergency...
Every time the government releases major revisions to employment data, a familiar chorus emerges: claims that something must be wrong, that statistics are being...
The Congressional Budget Office just released its newest budget outlook. It isn’t pretty. The 2026 deficit is projected to hit $1.9 trillion and grow...
The finale of Stranger Things leaves viewers with an emotional cocktail: relief, nostalgia, bittersweet satisfaction — and perhaps confusion. What became of the military...
Introduction Central planning — the idea that an economy can be rationally directed from the top down — has long appealed to reformers who...
Immigration and Customs Enforcement (ICE) is pushing a new home-entry rule, one Americans might have thought they left behind in the old world. A...
President John F. Kennedy once said, “We must find ways of returning far more of our dependent people to independence.” President Lyndon B. Johnson...
At the end of January, President Trump penned a triumphant op-ed declaring “Mission Accomplished” for the signature economic policy of his second term: tariffs....
US Treasury Secretary Scott Bessent has suggested shifting the Federal Reserve from a fixed two-percent inflation target to a broader range. The change may...
Americans aren’t happy with their economy. In October, Pew Research reported that “26 percent now say economic conditions are excellent or good, while 74...
One year after fires tore through the Los Angeles region, devastation remains etched into the landscape, not only in the thousands of empty lots,...