The Federal Reserve held its target range for the federal funds rate constant in January 2026 at 3.5–3.75 percent. This decision was consistent with market expectations for the path of…
Economy
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Landlords are amazing. That’s perhaps a perverse, controversial statement in these Mamdani-ish times, where “free” socialist housing is all the rage. In popular imagination, landlords are rent-seeking middlemen, extracting value…
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If economic freedom were a stock, analysts would call it boring — and then quietly recommend buying it anyway. For decades, states that limit government growth, keep taxes low and…
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In Bill Cotter’s beloved children’s book series, Don’t Push the Button! a mischievous monster named Larry presents young readers with a tantalizing big red button, sternly warning them not to…
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While most of my fellow Michiganders like to think of Detroit as the birthplace of the automobile, we have to remember, the Germans have us beat. German inventor and entrepreneur,…
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For decades, US dollar dominance rested on a simple but profound foundation. Predictable institutions made the dollar stable, on the belief — sometimes overstated — that the United States would…
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In January of 2026, just like every January since 1986, a basketball Brigadoon will rise on Duke’s campus. This village, locally known as “Krzyzewskiville,” exists for just a few short…
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The senators elected in fall 2026 won’t be able to avoid dealing with Social Security. The program is projected to hit a financial cliff before the end of 2032, forcing…
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The annual gathering of global elites in Davos, Switzerland, is well underway. Past meetings have not been without their share of controversy and dissension. But this year’s forum may devolve…