Economy

Federal Reserve policymakers are expected to trim their interest rate target by a quarter percentage point at this week’s meeting, lowering the range to 3.5–3.75 percent. On its face, that…

A new wave of public polling and media coverage suggests that the Trump administration’s claim that “there is no affordability crisis” is increasingly being rejected by American households.  Recent reporting…

You can’t build a castle on sand, and you can’t build a city on assumptions. Saudi Arabia unveiled The Line in January 2021 as a perfect, linear utopia stretching 170…

In November, South Korean President Lee Jae-myung launched a crackdown on so-called hate speech online, claiming that such speech “crosses the boundary of freedom of expression.” Punishments can include fines…

This week marks five years since the passing of Dr. Walter E. Williams. He had the elegance to die, at 84, minutes after teaching the last class of the semester…

“The fraud scandal that rattled Minnesota was staggering in its scale and brazenness,” The New York Times reported in a bombshell article on November 30. “Over the last five years,…

The United States recently emerged from the longest government shutdown in its history, one that halted operations, froze budgets, and led to 1.4 million federal employees being either furloughed or…

Objections to income inequality are commonplace. We hear these today from across the ideological spectrum, including, for example, from the far-left data-gatherer Thomas Piketty, the far-right provocateur Tucker Carlson, and…

The United States recently emerged from the longest government shutdown in its history, one that halted operations, froze budgets, and led to 1.4 million federal employees being either furloughed or…

Every era of easy money produces its speculative mascots. In the late 1990s, it was Beanie Babies — tiny stuffed animals that cost under a dollar to make, yet sold…