On Friday, Kevin Warsh will be sworn in as the seventeenth Chair of the Federal Reserve Board of Governors, after being confirmed by the Senate in a tight 54-45 vote…
Category:
Economy
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Judging by the headlines, Ted Turner, who died earlier this month at age 87, will be remembered as an adventurer and visionary: creator of CNN, and with it the 24-hour…
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High school history curricula often portray feudalism as a quaint medieval relic — a cautionary archetype of concentrated power, conditional rights, and extractive hierarchies that suppressed human flourishing for centuries.…
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When Henry Hazlitt wrote in Economics In One Lesson that “Economics is haunted by more fallacies than any other study known to man” he knew what he was talking about.…
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Bandar Abbas, April 2026. The tanker captain knows this route well. He has sailed it a hundred times — through the Strait of Hormuz, into the Gulf of Oman, west…
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Socialists often criticize US trade restrictions on Cuba. A recent example is the flotilla organized by activists attempting to deliver aid to the island that aimed to draw attention to…
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Jerome Powell’s term as Federal Reserve chair ended Friday, and assessments of his legacy are already rolling in. At Bloomberg, Amara Omeokwe and Catarina Saraiva describe Powell as “The Fed…
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A recent Wall Street Journal report on a workplace trend called “tokenmaxxing” offers a revealing glimpse into some of the confusion attending America’s AI boom. Some companies, the Journal reports,…
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When I was growing up, the only white-collar worker on either my father’s or mother’s side of our family was my Uncle Malcolm, husband of my mom’s older sister. He…
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Even great economists can make poor or incomplete arguments. George Stigler, a titan of the Chicago school alongside luminaries like Milton Friedman, Gary Becker, and half a dozen other Nobel…