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The answer to the question “Who pays the cost of tariffs?” is obviously important. If the costs of all tariffs were paid exclusively by...
President Trump has nominated Kevin Warsh to succeed Jerome Powell, whose term as Federal Reserve Chair expires in May 2026. Trump has made no...
Donald Trump wants lower interest rates. He has said so openly and has pressured the Federal Reserve accordingly. The political logic seems obvious: easier...
In 1881, a president was assassinated over the future of the civil service. James Garfield, who believed in civil service reform, was shot by...
The high degree of focus on tariffs under the new Trump administration has led to a flurry of new analyses attempting to determine their...
In 1979, Governor Ronald Reagan was getting ready for his third presidential campaign, having mounted a late challenge to Nixon in 1968 and directly...
In 1979, Governor Ronald Reagan was getting ready for his third presidential campaign, having mounted a late challenge to Nixon in 1968 and directly...
The high degree of focus on tariffs under the new Trump administration has led to a flurry of new analyses attempting to determine their...
Tariffs are said to be “protective.” Domestic firms want them because they reduce the effectiveness of foreign competition. Labor unions want them because they...
Over the last two days of the past week, US equity markets crashed as a result of the rollout of a tariff program that...
The Peter Principle, first published in 1968 by Laurence J. Peter, is the premise that, in a hierarchy, people rise to the level of...
The Peter Principle, first published in 1968 by Laurence J. Peter, is the premise that, in a hierarchy, people rise to the level of...
Over the last two days of the past week, US equity markets crashed as a result of the rollout of a tariff program that...