The Federal Reserve’s Federal Open Market Committee (FOMC) voted to hold its federal funds rate target range at 5.25 to 5.50 percent on Wednesday. However, FOMC members also signaled that…
Category:
Economy
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Once a year, usually late in February, my wife’s face brightens as she thumbs through our mail. “We got our Costco rewards check,” she beams. It’s not a ton of…
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America has a vast cornucopia of government welfare and assistance programs. And in most cases, they are publicly justified on the ground that the goods and services in question provide…
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Pretty much everyone wants a higher standard of living, the question is how do we get there? Some argue that prosperity results from a wasteful and soul-killing consumeristic culture (so,…
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In 1989, cracks in the Berlin Wall finally laid plain the terror, brutality, misery, poverty, and meaninglessness of life in East Germany for anybody willing to take a look. Yet…
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University professors around the world are struggling to adapt to a student body that is, for the first time in history, able to generate essays and conduct other sophisticated tasks…
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Argentine presidential candidate Javier Milei has made dollarization a central issue in the election. In response, 170 experts have signed an open letter claiming dollarization is not a real solution,…
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An annoying post-pandemic reality is that “public health” policies disrupted supply chains and services that worsened a trend of rising prices that were going up anyway due to expansionary policies…
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Since the 1619 Project’s release, proponents of free markets have rightly pushed back on the claim that American capitalism is irrevocably linked to racism and slavery. In a recent Wall…
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American Federation of Teachers leader Randi Weingarten is currently taking heat for her attempts to revive an old smear against school vouchers. In a recent interview, the teacher’s union boss…