It is important to celebrate victories for economic freedom as they emerge, even when they come in the most peculiar of places. One such place is the racing world. In…
Category:
Economy
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In most sectors of the American economy, we celebrate the moment when insiders break away to build something better. Engineers start their own firms. Chefs open their own restaurants. Innovators…
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In a recent analysis gone viral, financial blogger Michael W. Green traced how modern American families can earn anywhere from $40,000 to $100,000 and still fall further behind. The argument…
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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…
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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…
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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…
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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…
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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…
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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…
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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…