Aid may relieve immediate suffering, but only productivity, enterprise, and strong institutions can conquer poverty for good. Read More
“Regimes planted by bayonets do not take root.” Those were the words of Ronald Reagan. Reagan was describing the communist... Read More
Recent headlines indicate that American employers are worried about a labor shortage due to President Trump’s enforcement of U.S.... Read More
Every few decades, the ideas with the worst track records come back into style. Read More
As the midterm election campaigns start to heat up, a key question for voters is what will Democrats do if they win control of Congress in... Read More
The United States remains economically dominant as China loses ground. Read More
Frank Perdue was famous for taking his father-and-son chicken farm from no employees to 20,000. What he was less known for was being... Read More
AI debt is opaque making it hard to guard against a problem. Read More
A proposal for a new international system that is at once centralized and regionalized. Read More
Welcome to the AI doom wars. Read More
For investors in or near retirement inflation is always a threat. Read More
The Panic of 1873 did not sort men by what they owned. It sorted them by whether they could hold it. Read More
As AI changes everything, the Chinese seem more optimistic than the Americans. Why? Read More
Be careful what you wish for. Read More
Populist pessimism is dead wrong. Read More
US President Donald Trump seems to be hastening the end of the oil age. Read More
J.D. Vance would like to give money to people for choices they're already making—without a workable plan to actually pay for it. Read More
The bond market selloff has rattled Wall Street, but falling bond prices mean more income for investors and a cushion against price declines. Read More
Big talk, but he carries a very small stick Read More
We borrow to pay for almost everything else. Read More
AI is simultaneously underwhelming and frightening. Read More
Do you think it's fair that some people are better off financially than others? Does it perhaps matter whether those earnings stem from a... Read More
New research shows the traditional Shiller CAPE understates S&P 500 valuations. A value-weighted Component CAPE improves return forecasts and... Read More
Capturing only what households consume, inflation stats miss the assets they hope to own. Read More
Plus five more stocks under Morningstar’s coverage with big dividend increases. Read More
Why I moved from hold to hike ahead of the Fed's September meeting. Read More

As the midterm election campaigns start to heat up, a key question for voters is what will Democrats do if they win control of Congress in November? They do not talk about it, but it is almost certain they will do what they did the last time they had control—-raise taxes and increase spending. As the Wall Street Journal has noted, Democrats are “on a taxing binge,&rdqu... Read More
AI debt is opaque making it hard to guard against a problem.... Read More