The longest federal shutdown in US history has created deep gaps in the flow of economic data, preventing calculation of the Business Conditions Monthly indices. Most BCM components depend on…
Category:
Economy
-
-
The 2025 Thanksgiving season arrives with an unwelcome development: after last year’s brief and much-needed period of easing in several Thanksgiving staples, prices have begun to tick back up. As…
-
Can regulation work when a market changes faster than a case can be litigated? The Justice Department filed its antitrust case against Google in 2020. By the time Judge Amit Mehta…
-
Introduction The gold standard was a monetary system that defined a unit of a nation’s currency as a fixed weight of gold and made the two mutually exchangeable. For much…
-
Recent movements in short-term loan markets are a timely reminder of a forgotten truth: The Federal Reserve is not the master of credit conditions. It can influence interest rates, but…
-
On Capitol Hill this week, five Democratic senators accused the Trump administration of “sweetheart deals with Big Tech” that have “driven up power bills for ordinary Americans.” Their letter, addressed…
-
Do you sell cupcakes, run a home photography studio, or tutor kids in your living room? If so, you might be breaking the law. In the US, zoning ordinances often…
-
Central planners just can’t help themselves. They feel obligated to solve the world’s problems. Consider this year’s Orwellianly-named “Conference of the Parties” (COP-30), the thirtieth annual climate conference sponsored by…
-
What kind of goods and experiences comprise a “normal life”? In 1900, Henry George thought millionaires lived abnormally because they had telephones in their bedrooms. Looking back, it’s remarkable how…
-
The modern American right could stand to gain from the insight of Richard M. Weaver. Weaver, a twentieth-century conservative of the Southern tradition, perceived the dangers of radical ideologies as…