“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…
Economy
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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…
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Reports in early December indicate that President Donald J. Trump is preparing to sign an executive order that would block state-level laws regulating artificial intelligence and replace them with a…