The Supreme Court has been systematically dismantling the modern administrative state. In several decisions, the justices have pushed back against the idea that executive-branch agencies can be insulated from presidential…
Category:
Economy
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“Regime uncertainty” should be our bywords for understanding the economy of 2025. Trump’s push for “state capitalism,” ranging from tariffs to taking federal stakes in companies to industrial policy to…
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In 1980, at Dartmouth College, psychologists Richard E. Kleck and Angelo G. Strenta set out to study how people perceive subtle social cues. In their own mischievous words, “Individuals were…
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The darkest days of the year have always asked something of us. Long before we strung electric lights and gathered around brick fireplaces, people across cultures marked the winter solstice…
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President Trump has accused virtually every country, including those inhabited only by penguins of ripping us off when it comes to trade. But there’s one region that the President has…
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For three months at the peak of COVID-19, I treated some of New York City’s sickest patients at Bellevue Hospital, the city’s historic public hospital. There, extraordinary clinicians delivered heroic…
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For decades, pundits have declared that Americans shouldn’t have to save for retirement in the casino of the stock market. They argued that individuals saving for themselves was too risky…
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Over the five years since the COVID pandemic, the AIER Year End Holiday Index has climbed by an average of about 3.8 percent per year, resulting in a total increase…
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“Was the government to prescribe to us our medicine and diet, our bodies would be in such keeping as our souls are now.” -Thomas Jefferson Let me introduce you to…
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Dallas Fed President Lorie Logan recently proposed ditching the federal funds rate target as the Fed’s main policy tool. Her proposal would ensure that the Fed can continue to effectively…