After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) declined 0.1 percent in March. Prices…
Economy
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The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive increases in the AIER inflation measure…
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After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) declined 0.1 percent in March. Prices…
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The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings the number of consecutive increases in the AIER inflation measure…
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Fears about tariffs causing a recession are high right now. Betting markets pretty clearly favor the claim of a forthcoming recession. Businesses do have a lot to fear – tariffs…
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For decades, international development has been synonymous with massive aid programs, billion-dollar projects, and slow-moving bureaucracies. Governments and global institutions have spent trillions trying to address economic and social challenges…
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On Capitol Hill, where memories are short, concern about open-ended military conflicts — or as one might call them, war — is now considered “hysteria.” Such was the case when…
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An overwhelming majority of economists agree: protectionist tariffs harm the very nations that impose them. The notion that taxing Americans for buying foreign goods somehow strengthens our nation is no…
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In 1881, a president was assassinated over the future of the civil service. James Garfield, who believed in civil service reform, was shot by a syphilitic maniac, Charles Giteau, who…
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As noted in my previous column, foreign holdings of US dollars are classified as foreign holdings of US assets and, thus, contribute to US trade deficits. But as I argued,…