The problem is not that the government collects too little. The problem is that the government spends too much. Read More
America is adopting a risky model. Read More
Though several funds have come under stress in recent weeks, they’re less likely than traditional banks to cause a broader financial crisis. Read More
Inside the battle to shape AI. Read More
America’s retreat from free trade is weakening the economic foundation that sustained Pax Americana for generations. Read More
The Jones Act, introduced in 1920 shortly after the end of World War I when the United States confronted a surplus of coastal shipping, was... Read More
As storied institutions across journalism and media pivot toward more MAGA-friendly offerings, these are the movers and shakers shifting what... Read More
Every leader wants to build a high-performance team. We chase growth, tighten operations, craft strategic plans, and track the metrics that... Read More
For most people, climate policy still sounds like something debated at environmental conferences or negotiated in international treaties. But... Read More
One group is projecting a cost-of-living adjustment of 2.8% based on the most recent economic data. Read More
John Tamny is one of the most eloquent defenders of free trade writing today. His pushback on a recent piece of mine deserves a genuine reply... Read More
I’m very grateful to Dave Hebert that he’s never gone wobbly on the genius of free trade. He’s right that we agree. Why my... Read More
Does anyone else get a little weary of the peanut gallery every time a court issues a ruling on a matter of national interest? Have you read... Read More
You’ll soon have an opportunity to front-run the institutional investors that dominate Wall Street. Read More
Stablecoins’ US Treasury holdings are a molehill, not a mountain. Read More
Superstitions are funny. Actors won’t say “Macbeth” in a theater, baseball players won’t talk to a pitcher when... Read More
We’ve reached the point at which the president wants consumers to be glad they’re paying more at the pump. Read More
California has missed out as the United States has become a global energy superpower. The US is the world’s No. 1 producer and exporter of... Read More
United States achieves energy independence with highest oil production ever recorded, reducing Middle East reliance as conflicts disrupt... Read More
For President Trump, lower energy prices haven’t been just a nice bit of relief for American consumers. They’ve been a signature... Read More
Referencing “pole attachments” is usually good for a cheap laugh at telecom functions. For decades, commissioners at the Federal... Read More
AI isn’t the first game-changing technology for the economy. Read More
An AI crash could bring down the economy. Some in the tech world think that's the price of progress. Read More
The ultrawealthy put Trump in power but the little people will pay the price Read More
The 21st Century ROAD to Housing Act appears likely to pass the Senate. The bill contains some genuinely good ideas alongside... Read More
ProPublica is releasing a trove of disclosure records that detail the finances of more than 1,500 Trump appointees, including former... Read More
He may have a hell of a bill coming due. Read More
Gulf War Three is not going well for the United States. Read More
The potential for economic aftershocks won’t provide clarity for the Fed’s calculus anytime soon. Read More
With margin debt at record highs, any downturn in stocks risks turning into a sharper correction as leveraged investors are... Read More
It works well when rates and inflation are falling but not when inflation and rates are rising. Read More
The stocks of these high-quality companies look cheap today. Read More
In new research, Ben Bates examines the recent wave of funds designed to open private markets to retail investors. Such funds both... Read More
The Global Investment Returns Yearbook provides an invaluable foundation for understanding the long-term evolution of global financial... Read More

One group is projecting a cost-of-living adjustment of 2.8% based on the most recent economic data.... Read More
Stablecoins’ US Treasury holdings are a molehill, not a mountain.... Read More