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For much of the last half-century, California benefited from a powerful first-mover advantage. Dense networks of talent, capital, and research institutions allowed the state...
Private markets work well when they are allowed to function free from big government directives. The latest example is in the world of financial...
When the internet went mainstream at the turn of the twenty-first century, it was widely celebrated as a revolutionary force for freedom and democracy....
If you pay any attention to left-of-center commentary these days, you would know that an identity crisis is in full bloom. The left is...
It must be frustrating to be an economist. Theoretical discussions and arguments about tariffs date back to at least the eighteenth century. In 1776,...
It must be frustrating to be an economist. Theoretical discussions and arguments about tariffs date back to at least the eighteenth century. In 1776,...
For decades, international development has been synonymous with massive aid programs, billion-dollar projects, and slow-moving bureaucracies. Governments and global institutions have spent trillions trying...
Fears about tariffs causing a recession are high right now. Betting markets pretty clearly favor the claim of a forthcoming recession. Businesses do have...
After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI)...
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive...
On Capitol Hill, where memories are short, concern about open-ended military conflicts — or as one might call them, war — is now considered...
After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI)...
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive...