Featured
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Decades of Bad Energy Policy Left Oil Markets Vulnerable to Iran Shock
Current energy prices reflect the delayed costs of regulatory priorities that misallocated investment and undermined energy resilience.
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Jerome Powell’s Mixed Legacy: Successes and Shortcomings at the Fed
Tributes say he engineered a soft landing, but critics note delayed responses to inflation and a troubling expansion of the Fed’s political footprint.
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The Endless Search for Emergency Tariff Authority
Courts have now rejected multiple attempts to justify sweeping tariffs. The next “emergency” justification (Section 338) may not fare any better.
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Stigler’s Blunder: Did a Nobel Laureate Misread Adam Smith?
Smith recognized self-interest and political corruption, but he also believed people could be persuaded. That distinction is lost in modern reductionism.
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Mass Transit in the Sky: How Air Travel Went from Elite to Affordable
The golden age of airline service was also an era of restriction and high prices. From deregulation to the downfall of no-frills Spirit, competition exposes what travelers are truly willing to pay for.
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Can Socialists Support Commerce But Not Capitalism?
Many socialists condemn trade barriers while supporting bans on wage labor and private ownership. Can that logic be reconciled?
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How Not to Measure AI Productivity
Organizations often mistake measurable activity for meaningful achievement. AI productivity metrics confuse computation costs with added value.
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Headline Inflation Cooled in April, but Core Pressures Picked Up
April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserve’s cautious stance on interest rates.
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Is Housing Less Affordable Than Ever? Sort Of
Home prices and financing costs are still high, but several indicators suggest the market has moved past peak distortion.
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Estimating the Iran War’s Effect on US Gasoline Prices
A forecasting model shows gasoline prices broke sharply from their expected trajectory after the outbreak of war.
-
•
Decades of Bad Energy Policy Left Oil Markets Vulnerable to Iran Shock
Current energy prices reflect the delayed costs of regulatory priorities that misallocated investment and undermined energy resilience.
-
•
Jerome Powell’s Mixed Legacy: Successes and Shortcomings at the Fed
Tributes say he engineered a soft landing, but critics note delayed responses to inflation and a troubling expansion of the Fed’s political footprint.
-
•
The Endless Search for Emergency Tariff Authority
Courts have now rejected multiple attempts to justify sweeping tariffs. The next “emergency” justification (Section 338) may not fare any better.
-
•
Stigler’s Blunder: Did a Nobel Laureate Misread Adam Smith?
Smith recognized self-interest and political corruption, but he also believed people could be persuaded. That distinction is lost in modern reductionism.
-
•
Mass Transit in the Sky: How Air Travel Went from Elite to Affordable
The golden age of airline service was also an era of restriction and high prices. From deregulation to the downfall of no-frills Spirit, competition exposes what travelers are truly willing to pay for.
-
•
Can Socialists Support Commerce But Not Capitalism?
Many socialists condemn trade barriers while supporting bans on wage labor and private ownership. Can that logic be reconciled?
-
•
How Not to Measure AI Productivity
Organizations often mistake measurable activity for meaningful achievement. AI productivity metrics confuse computation costs with added value.
-
•
Headline Inflation Cooled in April, but Core Pressures Picked Up
April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserve’s cautious stance on interest rates.
-
•
Is Housing Less Affordable Than Ever? Sort Of
Home prices and financing costs are still high, but several indicators suggest the market has moved past peak distortion.
-
•
Estimating the Iran War’s Effect on US Gasoline Prices
A forecasting model shows gasoline prices broke sharply from their expected trajectory after the outbreak of war.