Inflation & Taxes
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Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?
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Mission Accomplished? A Reality Check on Trump’s Tariffs
Triumphal rhetoric aside, the economic evidence shows tariffs delivered distortion—not a miracle.
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Should the Fed Abandon Its 2 Percent Target for an Inflation Range?
While inflation ranges may offer technical advantages, they risk blurring accountability and weakening confidence in the Federal Reserve when clarity is most needed.
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Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms
Shelter and energy costs led the deceleration. While inflation remains above the Fed’s target, the monthly price growth neared a multi-year low.
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To Save Social Security, Stop Subsidizing Wealthy Retirees
The program was meant to prevent old-age poverty. To achieve that, the fortunate will have to give up what (they were told) was theirs to keep.
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What Makes a Good Federal Reserve Chair? It Depends on Independence
When political pressure threatens independence, the chair’s character matters more than technical competence.
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Census Migration Data Show the Value of Freedom
Americans prefer to live where they can keep what they earn and be left alone — even if the freebies are better elsewhere.
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The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
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Will Republicans Fall for Inflationary Populism?
There is no durable prosperity built on cheap money and political shortcuts, and no political upside to unleashing the next inflation spike.
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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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•
Are Transfers Replacing Work for America’s Poor?
CBO data show that government transfers now account for a historically large share of income among low-income households. Does today’s welfare system encourage mobility or entrench dependency?
-
•
Mission Accomplished? A Reality Check on Trump’s Tariffs
Triumphal rhetoric aside, the economic evidence shows tariffs delivered distortion—not a miracle.
-
•
Should the Fed Abandon Its 2 Percent Target for an Inflation Range?
While inflation ranges may offer technical advantages, they risk blurring accountability and weakening confidence in the Federal Reserve when clarity is most needed.
-
•
Inflation Is Cooling: Jan 2026 Increase Below Seasonal Norms
Shelter and energy costs led the deceleration. While inflation remains above the Fed’s target, the monthly price growth neared a multi-year low.
-
•
To Save Social Security, Stop Subsidizing Wealthy Retirees
The program was meant to prevent old-age poverty. To achieve that, the fortunate will have to give up what (they were told) was theirs to keep.
-
•
What Makes a Good Federal Reserve Chair? It Depends on Independence
When political pressure threatens independence, the chair’s character matters more than technical competence.
-
•
Census Migration Data Show the Value of Freedom
Americans prefer to live where they can keep what they earn and be left alone — even if the freebies are better elsewhere.
-
•
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
-
•
Will Republicans Fall for Inflationary Populism?
There is no durable prosperity built on cheap money and political shortcuts, and no political upside to unleashing the next inflation spike.
-
•
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.