The morning of December 13, the city of Alexandria, Virginia, together with MSE (the company owned by Ted Leonsis that owns the Washington Wizards, NBA, and Washington Capitals, NHL), the…
Economy
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Once a bastion of sound reporting, the Wall Street Journal’s economy desk is slowly descending into incoherence. The latest confusion is Paul Hannon’s article about inflation. His opening sentence is…
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Economy
Are Entrepreneurs Insufficiently Incited to Compete in Markets that Serve Low-Income People?
Recently, I had occasion to discuss economics and economic policy with very bright students pursuing graduate degrees at elite universities. One of these students, who I’ll call “Alex” (which isn’t…
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December 16th marks the 250th anniversary of the Boston Tea Party. The British cracked down on Bostonians as a punishment for this political demonstration, which in turn became the spark…
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The holiday season is the busiest time of the year for online shopping. On Cyber Monday and Black Friday this year, Amazon sold more than one billion items, and Black…
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Almost exactly 15 years ago, in September 2008, “my” side lost an attempt to rein in state rent-seeking efforts. It was the time when the decision was handed down in…
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Economy
The Coming Crack-Up of the Left: Yascha Mounk’s ‘The Identity Trap: A Story of Power and Ideas in Our Time’
There is a specter haunting America, but it is no longer Marxism. Widely dubbed “Woke,” this ideology “is likely to make us stray from, not guide us toward, the kind…
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In the heart of Prospect Heights, across the street from the Brooklyn Public Library, stands an eleven-story building with a sand-colored facade: the Union Temple of Brooklyn. But it isn’t…
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In Part 1 of this essay, we explored Sebastian Haffner’s insight that Germans who had lost touch with the innate human impulse to create and live a meaningful life were…
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The Federal Open Market Committee (FOMC) voted to hold their federal funds rate target in the 5.25 to 5.5 percent range on Tuesday. The move was widely expected, with financial…