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Every few months a headline or social media post circulates declaring that a corporate leader earns hundreds or even thousands of times more than...
Note: The October-November readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional rather than definitive. A...
The title of Dan Wang’s book Breakneck focuses on the People’s Republic of China (PRC) specifically, but it is really about the self-conscious great-power...
On Wednesday, the Federal Reserve lowered its federal funds target range by 25 basis points, to 3.75–4.0 percent, its second cut in as many...
Thirty years ago, Congress failed by just one vote to send to the states a constitutional amendment requiring a balanced budget. Today, federal debt...
Electricity prices have moved from the background of daily life to the front lines of politics. What was once a quiet household expense is...
When a sharply lower price per gallon pops up at local gasoline pumps, it can induce a momentary cognitive dissonance. I mean, where is...
Since taking office as Argentina’s president in December 2023, Javier Milei has done something remarkable. He has reduced the annual inflation from 211 percent...
Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore — While I nodded, nearly...
Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative Research Department of the...
The howls of disapproval from the cowboy-hat demographic have been loud this week, and for good reason. President Trump has announced plans to quadruple...
Austerity comes from the Greek word “austeros,” connoting harsh, bitter, astringency. The first instance of the word to mean fiscal discipline was in 1937,...
Introduction Medicaid, Title XIX of the Social Security Act, is a joint federal-state program that finances health care to the poor.[1] When it was...