Fiscal Policy
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Will Adam Smith’s ‘Impartial Spectator’ Soften Trump’s Hardest Foreign-Policy Edges?
Self-interest can often steer us toward the moral and praiseworthy. Will our leaders heed that higher call?
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The Fed Takes a Wait-and-See Approach
Labor markets are stabilizing and inflation has leveled off. Further easing would’ve risked recent progress toward price stability.
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How Many Work-Hours Does a Car Cost? The Model T to Today
The Model T brought mobility within reach of ordinary workers. Despite huge improvements, affordability has eroded as real costs climb.
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Dollar Weakens as Markets Reprice US Political Risk
The dollar is being treated as a pressure-release mechanism for US debt — and markets are responding by demanding protection against intentional depreciation.
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Business Conditions Monthly November 2025
Shelter costs led price increases, but goods price acceleration leveled off. We’ve reached a new, distinctly elevated “normal.”
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The Latest Trump Administration Grift: Tariff Checks
Trump’s tariffs haven’t boosted manufacturing; they’ve raised costs and disrupted supply chains. A redistributive dividend check can’t reverse the underlying economic harm.
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Cutting Public Broadcasting Is Politically Potent But Fiscally Irrelevant
Closing the Corporation for Public Broadcasting proves budget debates increasingly target symbolic programs while leaving the real drivers of government spending untouched.
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Tariffs, AI, and the Golden Age of Executive Power
Centralizing policy through executive action and governance “emergencies” is eroding the republic’s foundations.
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How Money Laundering Became a Catch-All Excuse to Bully and Surveil
Crypto-related prosecutions illustrate how allegations of crime are used to target privacy-enhancing tools and the people who build them.
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Why California Is Bleeding Tech Jobs — Decline Is a Policy Choice
Silicon Valley isn’t dying — it’s decentralizing. Tech firms are expanding in lower-cost states and taking jobs with them.
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Will Adam Smith’s ‘Impartial Spectator’ Soften Trump’s Hardest Foreign-Policy Edges?
Self-interest can often steer us toward the moral and praiseworthy. Will our leaders heed that higher call?
-
•
The Fed Takes a Wait-and-See Approach
Labor markets are stabilizing and inflation has leveled off. Further easing would’ve risked recent progress toward price stability.
-
•
How Many Work-Hours Does a Car Cost? The Model T to Today
The Model T brought mobility within reach of ordinary workers. Despite huge improvements, affordability has eroded as real costs climb.
-
•
Dollar Weakens as Markets Reprice US Political Risk
The dollar is being treated as a pressure-release mechanism for US debt — and markets are responding by demanding protection against intentional depreciation.
-
•
Business Conditions Monthly November 2025
Shelter costs led price increases, but goods price acceleration leveled off. We’ve reached a new, distinctly elevated “normal.”
-
•
The Latest Trump Administration Grift: Tariff Checks
Trump’s tariffs haven’t boosted manufacturing; they’ve raised costs and disrupted supply chains. A redistributive dividend check can’t reverse the underlying economic harm.
-
•
Cutting Public Broadcasting Is Politically Potent But Fiscally Irrelevant
Closing the Corporation for Public Broadcasting proves budget debates increasingly target symbolic programs while leaving the real drivers of government spending untouched.
-
•
Tariffs, AI, and the Golden Age of Executive Power
Centralizing policy through executive action and governance “emergencies” is eroding the republic’s foundations.
-
•
How Money Laundering Became a Catch-All Excuse to Bully and Surveil
Crypto-related prosecutions illustrate how allegations of crime are used to target privacy-enhancing tools and the people who build them.
-
•
Why California Is Bleeding Tech Jobs — Decline Is a Policy Choice
Silicon Valley isn’t dying — it’s decentralizing. Tech firms are expanding in lower-cost states and taking jobs with them.