Thirty years ago, Congress failed by just one vote to send to the states a constitutional amendment requiring a balanced budget. Today, federal debt held by the public stands at…
Category:
Economy
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Since taking office as Argentina’s president in December 2023, Javier Milei has done something remarkable. He has reduced the annual inflation from 211 percent to 33.5 percent and balanced the…
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Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative Research Department of the British Conservative Party. At the time,…
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Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore — While I nodded, nearly napping, suddenly there came a tapping,As…
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The howls of disapproval from the cowboy-hat demographic have been loud this week, and for good reason. President Trump has announced plans to quadruple the import quota of Argentine beef…
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Austerity comes from the Greek word “austeros,” connoting harsh, bitter, astringency. The first instance of the word to mean fiscal discipline was in 1937, when John Maynard Keynes admonished a…
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Introduction Medicaid, Title XIX of the Social Security Act, is a joint federal-state program that finances health care to the poor.[1] When it was first signed into law, Medicaid eligibility…
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In the aftermath of World War I, thousands of young officers were faced with limited prospects for advancement. In that inauspicious moment, then–Second Lieutenant Edward Crosby Harwood carved out opportunity…
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Americans are feeling the sting of President Trump’s tariffs. Consumer goods ranging from coffee and watches to toys and televisions are experiencing a jump in prices. Meanwhile, socialist frontrunner and…
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Inflation eased slightly in September, the Bureau of Labor Statistics (BLS) reported late last week, after a delay in the release due to the government shutdown. The Consumer Price Index…