Gov. Kathy Hochul pitched her proposed pied-a-terre tax as a silver bullet for New York City’s budget woes — but instead, it appears to... Read More
Everyone agrees that there’s a housing crisis in America. Congress wants to help — but keeps getting in its own way. Read More
Bad economic policy is demoralizing the young. Read More
Evidence we're not rah-rah Republicans. Read More
The federal government just released its Special 301 report, which calls out foreign countries that deprive American companies of billions in... Read More
I’ve recently been spending time with a trio of seething, striving, sadistic men. Luckily for me, they’re all made up.... Read More
Chances are, if you’re involved with or even mildly interested in politics, you’ve seen The West Wing; and, if you haven’t, you should... Read More
Last week, Google (GOOGL) briefly overtook Nvidia (NVDA) as the world’s most valuable company. Read More
Bond investors are betting on inflation and interest rates staying high for a long time. Stock investors are betting that won’t be a... Read More
Proponents say the Trump accounts will be better than Social Security. Don't believe them. Read More
Ben Bernanke’s Fed pulled off a miracle during the financial crisis of 2008 and 2009. What might Kevin Warsh be forced to pull out of his... Read More
The Fed made its first mistake in 2021. It misread a supply shock as a transitory blip, fell behind, and spent two years engineering the... Read More
What fractures globalized production naturally results in higher prices just as what integrates global production naturally results in lower... Read More
Congress is finally moving toward cryptocurrency regulation. The problem is that policymakers still largely treat crypto as one homogeneous... Read More
They don’t like the super-rich tech oligarchs, they don’t trust Big Tech and they are ready and willing to fight to stop AI data centers Read More
The European Union (EU) cannot keep itself from overregulating the digital world. Last month, the European Commission (EC) published a... Read More
Amazon has been investing in the U.S. for decades because we believe in American innovation, American workers, and American communities. Read More
I spoke with former CIA colleague Tom Lyons about how China's systematic espionage threatens U.S. companies and what reforms could harden... Read More
In Petersen Energia Inversora SAU v. YPF, the Second Circuit allowed Latin American socialists to swindle Wall Street investors. Read More
President Trump’s trip to China brings the economic implications of America’s war against Iran into sharper focus. The fact that... Read More
Rural households are paying, on average, at least $26 per week more at the pump, and an oil-dependent food supply chain means we should... Read More
Often the best hope for central bankers is to minimize mistakes and stay humble. Read More
Why studying market history is so important. Read More
Big IPOs are not a buying opportunity. Read More
Markets require general rules to function properly, not personalized bargains—Trump’s financial disclosures are a reminder of why. Read More
Another example of the flawed logic behind the Trump administration's tariff policies: You can't make a tire without rubber, and the U.S.... Read More
How motivated reasoning frames economic debates Read More
Even the abundance wing of the left wants "a much stronger government," in movement champion Ezra Klein's words. Read More
For lots of reasons rates will stay higher for longer. Read More
Stocks are cheaper, their prices are higher. Read More
There is a big difference between betting on something and investing in meritorious companies with long holding periods. Read More
Why lumping factor funds with stock-pickers distorts the scorecard and misleads investors Read More
The inflation data doesn’t look good, no matter how you slice it. Read More

With headlines dominated by the Iran War, the resulting increase in gas prices, and the attempted assassination of President Trump at the White House Correspondents’ Dinner, it is understandable that the resignation of Labor Secretary Lori Chavez-DeRemer did not receive a lot of attention. And yet she was one of President Trump’s most controversial nominees, who resigned because of wha... Read More
Let’s stop pretending. Maine’s new tax on millionaires is being sold as a narrow measure aimed only at the wealthy. Signed into law by Governor Janet Mills, the policy imposes a 2% surcharge on income over $1 million, effective January 1, 2026. California also has proposed a ballot initiative taxing billionaires a one-time 5% tax to ... Read More