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December 2025 marks the official end of the largest cycle of quantitative tightening the Federal Reserve has ever undertaken. From a peak of $8.93...
Language matters. Words have not only technical meanings; they also summon particular attitudes and impressions. And sometimes these attitudes and impressions differ significantly from...
The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5 to 3.75 percent. Markets...
While waiting for the hard copy to arrive, I downloaded the audio version of Kamala Harris’s bestseller to get a sense of things. Who...
Capitalism as an ideology is on the ropes, especially among young people. A troubling 2025 Cato survey found that 62 percent of young Americans...
Liberal societies have celebrated their openness. Public records, hearings, and archives are available to anyone who wishes to look, but few can access them....
If I were to sum up the mindset of New Yorkers who elected Zohran Mamdani as mayor of New York City, it would be...
In her excellent podcast, The Great Antidote, Juliette Sellgren often asks her guests to name one thing that they once believed to be true...
Washington never misses a chance to promise “fairness” while tightening its grip on the financial system. For more than a decade, regulators and central...
As I write this, a mother somewhere in Detroit just swiped her EBT card at a grocery store, trying to buy food for her...
On Sunday, October 26, Argentine President Javier Milei’s party, La Libertad Avanza, won big in the country’s legislative elections. In the lower house, the...
New York City is celebrating the win of its most defining election in years. On November 4, voters selected their new mayor. Zohran Mamdani,...
American capital markets — stock exchanges, bond markets, over-the-counter markets for securities and derivatives of all types — are often praised as paragons of...