Abortion may be the most incendiary and divisive issue facing the U.S. since slavery. Consider how progressives reacted to the leak of Justice Samuel Alito’s draft opinion in Dobbs v. Jackson’s Women’s Health Organization, which would overturn the infamous abortion decision…
When all you have is a hammer, everything does indeed look like a nail. This is the best way to describe government officials’ unoriginal and often destructive thinking. No matter the problem du jour, the answer is always more government…
The Fed plays a hitherto unprecedented role in the U.S. economy. Growth in the money stock, which had until 2020 remained in the single digits annually, has soared by a remarkable 40 percent since the beginning of the pandemic. Yet…
Federal Reserve Chairman Jerome Powell admitted Tuesday before the Senate Committee on Banking, Housing, and Urban Affairs that inflation is “running very far above our target.” “This year, in all likelihood, we’ll be normalizing policy,” he continued. “We’re going to…
When startup initiative Super Mission launched its own cryptocurrency token earlier this year, it promised to divert enormous sums — drawn from 10 percent fees on all transactions — to nominated charities chosen each week by the “community.” The two…
Finance ministers of the G-7 reached a significant informal agreement Saturday to back a minimum global corporate tax rate of at least 15 percent. The new global minimum tax would affect multinational companies who have shifted their profits and tax…
President Joseph Biden has some extremely smart men and women advising him on economic issues. The only one I knew even the slightest little bit personally is Janet Yellen, the secretary of the Treasury. Long ago, when I worked for…
The incoming Biden administration has made climate change a signature issue, deeming its importance on par with the COVID-19 recovery and racial inequality. According to the Biden transition website, climate change poses an existential threat to our environment, our health, our…
Nothing that Joe Biden does is ever innovative or wise, and absolutely nothing he does is well thought out or effective. So when Biden, in his rare appearances outside of his basement since Nov. 3, continues calling for “unity” in…