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Three years after the Tax Cuts and Jobs Act took effect, Democrats in Congress are ready to roll back some of the most critical reforms. The...
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Three years after the Tax Cuts and Jobs Act took effect, Democrats in Congress are ready to roll back some of the most critical reforms. The...
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...
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...
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...
Yesterday, upon hearing Federal Reserve Chairman Jerome Powell’s Congressional testimony, Milton Friedman must have been rolling in his grave. Despite the clearest of indications...
The pandemic has caused or accelerated the demise of numerous U.S. companies, and your local department stores are among the hardest hit. Government lockdowns and consumer...
“The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists...