News
Javier Milei's Experiment in Pure Free Markets Just Proved the 'Experts' Wrong Again
2+ hour, 39+ min ago (295+ words) Argentina's has been yet another challenge to economic orthodoxies, as his experiment in near'pure free markets has continued to drive a rebound in the country's economy, even as many world-renowned economists more in favor of state intervention had predicted dire…...
Your Grocery Bill Has a New Boss
5+ day, 21+ hour ago (1032+ words) Last week, in the East Room of the White House, Kevin Warsh took the oath of office and became the 11th chairman of the Federal Reserve in the modern era. It was the first time a Fed chair had been sworn…...
A Lesson in Economics for AOC
2+ week, 33+ min ago (14+ words) A critique of AOC's economic views highlighting history, investment, and tax policy lessons....
Great Nations Aren't Destroyed by Enemies. They're Destroyed by Debt.
2+ week, 3+ day ago (529+ words) Imagine your family spent more this year than you earned. Uncomfortable, but manageable. Now imagine your family had spent more than it earned every single year since 2001. By now, you would be destitute. That is what the federal government has…...
The April Inflation Report Is Here
2+ week, 6+ day ago (384+ words) The April inflation report is in, and for the first time during President Trump's second term, inflation has surged to 3. 8 percent, the sharpest increase since May 2023. Core inflation, which excludes more volatile categories, also came in higher than expected for…...
Washington's Debt Party Is About to Crash Your Budget
4+ week, 17+ hour ago (1032+ words) Picture yourself at the kitchen table on a Saturday morning, coffee getting cold, sorting through the mail. Among the usual suspects'credit card statements, HOA notices, something from the DMV that is probably not good news'you find a bill you did…...
'Too Late Powell' Just Made His Final Move As Fed Chair
1+ mon, 2+ day ago (459+ words) The Federal Reserve, in its third consecutive decision and in Jerome Powell's final move as Fed Chair, has decided to hold interest rates steady at between 3. 5 percent and 3. 75 percent. BREAKING: In the final policy decision with Jerome Powell as Fed…...
How to Think About Affordability
1+ mon, 2+ day ago (705+ words) "Affordability" is the word grabbing the headlines in public discourse these days. However, if affordability is a problem, it's important to be clear about what exactly the problem is and what can be done. Gallup has new polling data noting…...
The Triumph of Economic Freedom?
1+ mon, 1+ week ago (530+ words) Prices rise. People blame capitalism. President Donald Trump wants to cap credit card interest rates. My socialist mayor wants to freeze rents. Elizabeth Warren wants politicians to decide what prices are "excessive." So I was surprised to see economist Donald…...
Mamdani's Government-Run Grocery Store Plan Gets Even Worse
1+ mon, 2+ week ago (555+ words) Zohran Mamdani ran on a platform of creating a government-run grocery store in each of the five boroughs. It's a plan that won't work, because government grocery stores always fail wherever they're tried. In New York, there are millions in…...