The Trump Administration’s initial demand for renegotiating the United States-Mexico-Canada Agreement (USMCA) includes an opening position that vehicles covered by the deal be composed of at least 50 ...
Washington responded to two crises with extraordinary monetary and fiscal interventions. Why did COVID-era stimulus produce ...
Congress rejected constitutional alternatives in favor of remaking a nation. Abroad, as at home, lawmakers cannot manufacture preferred social outcomes simp ...
The Trump administration calls economic isolation a weapon against Iran and a recipe for prosperity at home. Protectionism is ...
Imagine it’s January in New York and you’re sharing a tiny apartment with two roommates. The walls are crumbling around you, and there’s a hole in your bedroom wall big enough to see outside. Every ...
In ‘Equality of Permission,’ McCloskey returns to familiar ground: free markets, individual dignity, and the dangers of statism. What makes it distinctive is the force and flair of her argument.
Recently, two Federal Reserve governors delivered speeches with interesting differences. Michael Barr warned against weakening bank supervision, citing “growing pressures to scale back examiner ...
Public conversations about billionaires tend to oscillate between fascination and condemnation. Headlines emphasize excess, inequality, political influence, or corporate misconduct. And while ...
Why did the American Revolution succeed while the French Revolution failed? It’s an excellent question that comes up almost every time anyone lectures on either — or both — of these fateful events.
The Leading Indicator dropped sharply to 42, with four of 12 components improving, two unchanged, and six declining. The positive components were concentrated in consumer expectations, initial claims, ...
The Social Security Trustees’ annual report delivered another warning last week: the program’s finances have deteriorated further, insolvency is approaching sooner, and demographic changes are mostly ...
One morning in Boston in 1895, as K. C. Gillette stood before the mirror, a brilliant idea flashed across his mind. “As I stood there with the razor in my hand, my eyes resting on it as lightly as a ...
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