Mercantilism 2.0, the economic manifestation of multipolarity, is streaking across the geostrategic firmament.  The sun has set on globalization, the economic manifestation of a unipolar world order reflecting American primacy.  The transition to a new economic order of the emerging…

In a 1940 speech, President Franklin Roosevelt labeled Detroit the “arsenal of democracy.” During World War II, Detroit alone built tens of thousands of tanks and other ground vehicles, aircraft, bombs, and guns. Much of the rest of our economy…

The Consumer Price Index (CPI) showed an annual rise of 8.3 percent in August. The disheartening Bureau of Labor Statistics report arrived at an inconvenient time for the Biden administration. Despite knowing in advance that the bureau planned to release…

SACRAMENTO, Calif. — In a normal state, policymakers who are facing a crisis (let alone myriad crises) would at least have the wisdom not to purposefully try to make things worse. Here in California, not so much. Gov. Gavin Newsom…

If you are among the 8 in 10 Americans who believe the economy is tanking, relax. Never mind that the consumer-price index just hit 8.6 percent. Ignore skyrocketing gas prices. Forget that the gross domestic product shrank at an annual…

Skyrocketing oil and gas prices are telling a more powerful story than global warming skeptics have been able to tell. And the story is that we will depend on carbon-emitting energy for much longer than most people (governments included) had…

Long, long before the greater American community discovered that Kamala Harris is an idiot and a zero, I published on these very pages that, other than her being Willie Brown’s arm candy with benefits, she was a Nothing. The late…

Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According to the World Trade Organization, even though there…

Many people still blame today’s inflation on snags in globe-spanning supply chains. The chief proposed solution is to dismantle decades of globalization and bring production home. Some are also pushing for measures to offset inflation, including robust child subsidies and…

As has been widely reported, the Bureau of Labor Statistics (BLS) released the latest inflation numbers last Thursday, and they were ugly. The Consumer Price Index (CPI) rose 7.5 percent during the 12-month period ending in January, its largest one-year…