Introduction Central planning — the idea that an economy can be rationally directed from the top down — has long appealed to reformers who seek to eliminate waste, inequality, and…
Economy
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Immigration and Customs Enforcement (ICE) is pushing a new home-entry rule, one Americans might have thought they left behind in the old world. A whistleblower recently exposed an internal memo…
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President John F. Kennedy once said, “We must find ways of returning far more of our dependent people to independence.” President Lyndon B. Johnson sought to meet that challenge by…
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US Treasury Secretary Scott Bessent has suggested shifting the Federal Reserve from a fixed two-percent inflation target to a broader range. The change may seem minor, but it risks redefining…
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At the end of January, President Trump penned a triumphant op-ed declaring “Mission Accomplished” for the signature economic policy of his second term: tariffs. Unfortunately, his entire victory lap revolved…
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One year after fires tore through the Los Angeles region, devastation remains etched into the landscape, not only in the thousands of empty lots, but also in the near absence…
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Americans aren’t happy with their economy. In October, Pew Research reported that “26 percent now say economic conditions are excellent or good, while 74 percent say they are only fair…
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Inflation cooled more than expected in January, the Bureau of Labor Statistics (BLS) reported on Friday. The Consumer Price Index (CPI) rose 0.2 percent last month, down from 0.3 percent…
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In January 2026 the AIER Everyday Price Index (EPI) rose 0.33 percent to 298.0, starting the year with its largest increase since June 2025. Seventeen of its 24 constituents rose…
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“Life is like a box of chocolates. You never know what you’re gonna get.” The line from Forrest Gump is meant to capture uncertainty in love and life, but every…