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Economy

On August 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. The program was designed to give private sector retired...

Economy

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...

Economy

Inflation ticked up in October. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) rose 0.2 percent last month. Prices are...

Economy

Why did the United States abandon the gold standard? In an article published recently by the Federal Reserve Bank of St. Louis, Maria Hasenstab...

Economy

After dipping well below the Federal Reserve’s 2-percent target in August, inflation now appears to be back on track. The Bureau of Economic Analysis...

Economy

At the New York Times, Jeanna Smialek reports that economists are worried President-Elect Trump will stoke inflation. Voters returned Trump to office largely because...

Economy

President Trump’s return to the White House has sparked a resurgence of interest in central bank independence. Federal Reserve Governor Michael Barr said he...

Economy

On January 27, 1945, Soviet forces liberated the Auschwitz concentration camp. The camp had largely been emptied on Himmler’s orders. At Auschwitz, the Nazis...

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