Featured
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Remaking the Fed: A Look Back at the Banking Act of 1935
Ninety years later, every Fed decision — from raising rates to curb inflation to cutting them in a downturn — still flows through the framework created in 1935.
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The Fed’s Mission Creep Under Jerome Powell
Former Fed officials are right to worry about the central bank’s independence. But they should not be surprised. Under Powell’s leadership, the Fed has drifted into the political arena.
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Can the President Assassinate Suspected Criminals?
The Constitution is designed to check the power grabs of reckless men. Will Congress and the Courts defend the rule of law against an increasingly lawless executive branch?
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One Big, Beautiful Tradeoff for the Fed
Raising the debt ceiling takes the Fed out of the reserve volatility frying pan—but may land it in the debt-monetization fire.
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Decentralized Defense: How Ukraine’s Lean Military Outperforms Expectations
Ukraine’s Ministry of Defense buys from a competitive market of private firms. The Pentagon could do the same — if it chose innovation over incumbency.
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What Shipping Containers Did for Trade, Stablecoins Can Do for Money
Stablecoins offer enormous promise for digital commerce if we codify their standard.
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Escape from New York, 2025 Millionaire Edition
NYC’s highest earners are fleeing, along with $14 billion in gross income. An evacuating tax base risks taking the city’s prestige with it — to Florida.
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Chicago Public Schools Now Have a Junk Credit Rating. What’s Next?
As debt service continues to devour an already unsustainable budget, do not expect student learning outcomes to improve.
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California’s $10 Million-a-Year STEM Equity Lab Fails to Deliver
Collectivist central planning simply cannot engineer individual success. People continue to have their own preferences.
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A Sober Revolution Is Sweeping America — and Markets Are Responding
A growing group of alcohol-free consumers, including 40% of Gen-Z, are forcing bars, brewers, and brands to adapt.
-
•
Remaking the Fed: A Look Back at the Banking Act of 1935
Ninety years later, every Fed decision — from raising rates to curb inflation to cutting them in a downturn — still flows through the framework created in 1935.
-
•
The Fed’s Mission Creep Under Jerome Powell
Former Fed officials are right to worry about the central bank’s independence. But they should not be surprised. Under Powell’s leadership, the Fed has drifted into the political arena.
-
•
Can the President Assassinate Suspected Criminals?
The Constitution is designed to check the power grabs of reckless men. Will Congress and the Courts defend the rule of law against an increasingly lawless executive branch?
-
•
One Big, Beautiful Tradeoff for the Fed
Raising the debt ceiling takes the Fed out of the reserve volatility frying pan—but may land it in the debt-monetization fire.
-
•
Decentralized Defense: How Ukraine’s Lean Military Outperforms Expectations
Ukraine’s Ministry of Defense buys from a competitive market of private firms. The Pentagon could do the same — if it chose innovation over incumbency.
-
•
What Shipping Containers Did for Trade, Stablecoins Can Do for Money
Stablecoins offer enormous promise for digital commerce if we codify their standard.
-
•
Escape from New York, 2025 Millionaire Edition
NYC’s highest earners are fleeing, along with $14 billion in gross income. An evacuating tax base risks taking the city’s prestige with it — to Florida.
-
•
Chicago Public Schools Now Have a Junk Credit Rating. What’s Next?
As debt service continues to devour an already unsustainable budget, do not expect student learning outcomes to improve.
-
•
California’s $10 Million-a-Year STEM Equity Lab Fails to Deliver
Collectivist central planning simply cannot engineer individual success. People continue to have their own preferences.
-
•
A Sober Revolution Is Sweeping America — and Markets Are Responding
A growing group of alcohol-free consumers, including 40% of Gen-Z, are forcing bars, brewers, and brands to adapt.