How Germany Became the World’s Worst-Performing Economy

“The welfare state as we know it today can no longer be financed by our economy.” With that single sentence,…

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No, Reagan Was Not Pro-Tariff

President Trump last week ended trade talks with Canada because of an advertisement sponsored by the Ontario government featuring snippets…

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Fed Cuts Rates for Second Straight Meeting

On Wednesday, the Federal Reserve lowered its federal funds target range by 25 basis points, to 3.75–4.0 percent, its second…

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One Vote Away: The Balanced-Budget Amendment That Almost Passed

Thirty years ago, Congress failed by just one vote to send to the states a constitutional amendment requiring a balanced…

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Electricity Prices are the New Inflation Flashpoint

Electricity prices have moved from the background of daily life to the front lines of politics. What was once a…

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Oil Prices Tumble As Competition Revives Supply

When a sharply lower price per gallon pops up at local gasoline pumps, it can induce a momentary cognitive dissonance.…

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Frankenstein’s Money Press: How Washington Unleashed the Modern Monetary Monster

Once upon a midnight dreary, while I pondered, weak and weary,Over many a quaint and curious chart of fiscal lore…

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Digital ID and the Return of Big Brother Britain

Fresh out of university and looking for a career in public policy, I interviewed for a job in the Conservative…

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Better Policy is Not Enough in Argentina

Since taking office as Argentina’s president in December 2023, Javier Milei has done something remarkable. He has reduced the annual…

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Cowboy Diplomacy: Ranchers Reject Tariff Rhetoric

The howls of disapproval from the cowboy-hat demographic have been loud this week, and for good reason. President Trump has…

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