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Hope is once again triumphing over experience in European policymaking circles. This time it is the European Recovery Fund that it is hoped will...
Today’s strong GDP and employment numbers can leave little doubt that the U.S. economy is well on the mend from last year’s Covid-induced recession....
Seemingly private technology companies lead China’s military modernization efforts. Not surprisingly, the national security community and the American public are suspicious of them, but...
Throughout his four years in office, Donald Trump measured his administration’s economic success by the stock market’s performance. He did so even though around...
On President Joe Biden’s first day in office, he signed an executive order canceling permits for the Keystone XL pipeline that would have brought...
In 2008, U.S. academic economists distinguished themselves by failing to anticipate the U.S. housing and credit market bust that led to the Great Economic...
I’ve never had an operation before. It wasn’t particularly serious and perhaps a few years overdue, but it involved a general anesthetic, scalpels, and...
A specter is now haunting the emerging market economies. It is the specter of U.S. economic overheating that will raise interest rates and provoke...
Judging by Fed Chief Jerome Powell’s recent pronouncements, today’s slightly higher than expected consumer price inflation numbers are almost certain to be dismissed by...
“The Interstate Highway System transformed the way we traveled, lived, worked, and developed,” said President Biden in the March 31 speech introducing his American Jobs Plan. “Imagine...