Following Jerome Powell’s latest signal on rate cuts, economist Steve Hanke explains why markets and policymakers keep fixating on the wrong variable.
President Trump’s recent efforts to end the Ukraine War have been made more difficult because the EU, NATO, and the US government
A new push by states to tax the real estate of the wealthy has sparked a backlash among brokers and potential buyers,
Who says Republicans and Democrats can’t agree on anything. They have both agreed to continue foolish and counterproductive subsidies for buses and
Can a majority vote to end democracy? If it can, democracy would no longer exist. But if it can’t, then not all
Last week President Trump took steps to re-name the Department of Defense the “Department of War”—arguably, a more appropriate name.
The Federal Deposit Insurance Corporation (FDIC) is widely seen as a pillar of financial stability, but it is actually it is a
While people might speak of the “business of government,” there really is no way to compare the two. Business is voluntary; government
Discussions about black suffrage following the Civil War usually are focused upon black voting rights in the South. However, during that same
In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also
