While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more ambitious: a deeply researched 300-year chronicle…
Economy
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On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the report found that Social Security’s Old-Age…
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What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. As a result, the 70-year “Atoms for Peace” program…
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Free-market capitalism still delivers the goods. But its political coalition is fracturing — and that should worry anyone who cares about prosperity and freedom. Recent Gallup polling on Americans’ views…
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January saw Americans grow markedly more pessimistic about the economy. The Conference Board reported that its Consumer Confidence Index fell almost ten points in one month, reaching its lowest level…
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Note: As of January 31, 2025, data for four of the 24 components of the Business Conditions Monthly indicators have not yet been published. While the remaining suspended economic data…
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The Atlantic recently ran a story headlined “He Was Homeschooled for Years, and Fell So Far Behind.” It profiles Stefan Merrill Block, who was homeschooled in his early years and…
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It used to be said that the sun never set on the British Empire, so far-flung were its possessions. Britain has long since retreated from most of those territories, most…
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Introduction Throughout American history, the federal government has played a role in state and local policy. The Congressional Research Service (CRS) breaks down the history of federal transfers to the…
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Conversations around artificial intelligence have dominated the news cycle and culture at large for the better part of three years, with concerns becoming amplified more and more as time has…