President John F. Kennedy once said, “We must find ways of returning far more of our dependent people to independence.” President Lyndon B. Johnson sought to meet that challenge by…
Economy
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US Treasury Secretary Scott Bessent has suggested shifting the Federal Reserve from a fixed two-percent inflation target to a broader range. The change may seem minor, but it risks redefining…
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At the end of January, President Trump penned a triumphant op-ed declaring “Mission Accomplished” for the signature economic policy of his second term: tariffs. Unfortunately, his entire victory lap revolved…
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One year after fires tore through the Los Angeles region, devastation remains etched into the landscape, not only in the thousands of empty lots, but also in the near absence…
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Americans aren’t happy with their economy. In October, Pew Research reported that “26 percent now say economic conditions are excellent or good, while 74 percent say they are only fair…
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Inflation cooled more than expected in January, the Bureau of Labor Statistics (BLS) reported on Friday. The Consumer Price Index (CPI) rose 0.2 percent last month, down from 0.3 percent…
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In January 2026 the AIER Everyday Price Index (EPI) rose 0.33 percent to 298.0, starting the year with its largest increase since June 2025. Seventeen of its 24 constituents rose…
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“Life is like a box of chocolates. You never know what you’re gonna get.” The line from Forrest Gump is meant to capture uncertainty in love and life, but every…
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Sports betting has become an epidemic, especially among young men. The Guardian recently aggregated some alarming statistics about its prevalence. The story notes: Somewhere between 60 and 80 percent of…
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In 1988, when Robert Lawson was a first-year economics graduate student at Florida State University, he was surprised one day to look up and see Dr. James D. Gwartney standing…