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President Trump has, it is clear, upended the global trading system and America’s place in it through his aggressive use of tariffs as a...
On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. The program was designed to give private sector retired...
Don’t look now, but free-market economics is coming back into vogue. For the last decade, mainstream economists of both the right and the left...
On January 17, the Congressional Budget Office (CBO) released its latest Budget and Economic Outlook and Update. It attracted little attention in a media...
Nvidia became the world’s most valuable company out of the blue — almost. Adding trillions to its market capitalization within just a few months...
The retreat from DEI has gone from a handful of companies to one of the primary objectives of the new Trump administration. While the...
Introduction Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum...
Some economists have likened entrepreneurs to heroes, praising their role in disrupting industries and driving progress. Joseph Schumpeter, for instance, famously described them as...
A Congressman from Tennessee recently advanced a proposal to modify the Twenty-Second Amendment to allow President Trump to serve a third term in office....
I recently reported something that, as someone who desires social harmony, I was glad to see but, as someone who desires harmony, made me...
Fragile, but off to a good start. That’s my assessment of President Donald J. Trump’s initial actions regarding the environment, climate change, and energy....
Over the past three decades, Japan’s monetary policy has been characterized by near-zero interest rates and significant quantitative easing (QE), aimed at countering persistent...
Your home may be your castle, but the government can take your castle and give it to someone else if that someone else intends...