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I recently used economist Albert Hirschman’s Exit, Voice, and Loyalty to explain why Jacinda Ardern, the former prime minister of New Zealand, quietly relocated...
In the technology arms race between the United States and China for dominance in artificial intelligence (AI), we are often told that the decisive...
On February 20, the Supreme Court handed the Trump administration a stinging rebuke. In a 6-3 decision, the justices ruled that the International Emergency...
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...
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)...
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...