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In late December, winter storms brought rain and snow that modestly improved California’s reservoirs and snowpack. Officials quickly cautioned, however, that this would not...
Given the bluster and nonstop chatter of today’s political class, President Calvin Coolidge, or “Silent Cal,” might be viewed as a quaint relic. His...
Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces...
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,...
Inflation cooled more than expected in January, the Bureau of Labor Statistics (BLS) reported on Friday. The Consumer Price Index (CPI) rose 0.2 percent...
In January 2026 the AIER Everyday Price Index (EPI) rose 0.33 percent to 298.0, starting the year with its largest increase since June 2025....
Sports betting has become an epidemic, especially among young men. The Guardian recently aggregated some alarming statistics about its prevalence. The story notes: Somewhere...
“Life is like a box of chocolates. You never know what you’re gonna get.” The line from Forrest Gump is meant to capture uncertainty...
The new year brought new developments in the world of financial services: specifically, the role of artificial intelligence (AI). In January, JPMorgan Chase announced...
In 1988, when Robert Lawson was a first-year economics graduate student at Florida State University, he was surprised one day to look up and...
Social Security is drifting toward a cliff, and Congress keeps pretending the shortfall will fix itself. It won’t. Absent reform, benefits will be cut...
The nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve Chair has many people wondering: What makes a good Fed chair? The...