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After a lifetime studying monetary policy, Milton Friedman famously concluded that inflation was always and everywhere a monetary phenomenon. He also concluded that monetary...
Monetary policy can only do so much: it cannot permanently increase the wealth of a nation. That is the lesson from economic history. In...
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP, for short, is the new kid on the block–at least when trade is concerned....
President Joe Biden’s massive $1.9 trillion stimulus program enjoys considerable public support. A key question for Mr. Biden’s continued political success is whether his...
Today’s very strong job numbers have to raise a basic question that economic policymakers would ignore at their peril: Does the U.S. economy really...
The U.S. dollar remains the world’s foremost currency, but the Chinese yuan is a scrappy upstart looking to take the title. The Chinese Communist...
The growing willingness by U.S. Big Tech to censor political debate highlights a hypocrisy that belies any notion that expelling conservative voices is an...
Japan was the first country to run scheduled passenger trains faster than 125 miles per hour. Since then, France has run faster trains and China has built more...
Hope springs eternal in European policymaking circles about the ability of the Eurozone’s highly indebted economies to grow their way out of their debt...
On CNN earlier this week, Democrat Rep. Ro Khanna said: “If you look at the minimum wage, it increased with worker productivity until 1968 and...