ASIA: Japan’s imports jumped to a record amount in July, boosted by global fuel inflation and a weak yen, outweighing exports and deepening the trade deficit, in a sign of...

A bizarre string of events is unfolding at the American Historical Association (AHA). Last week, AHA president James H. Sweet published a column in the organization’s magazine on the problem...

Someone has provided for you for most of your life. Some parental figure saw to your needs, whether food, clothing, or amusements, and you were raised a net consumer. I’m...

Reprinted from Law & Liberty Now that our greatest authors have been defrocked like an order of heretical priests, literary critics face dire consequences. It is no laughing matter. Yes,...

Whatever the size or scope of government, better that it be ultimately chosen democratically rather than be in the hands of rulers who are immune to removal by the ballot...

Disappointing GDP growth and high inflation have many commentators talking about stagflation. Advanced estimates from the Bureau of Economic Analysis suggest real GDP fell for a second straight quarter in...

Reprinted from the Cato Institute For decades, Congress has done little more than complicate the tax code which, to this day, punishes success in a variety of ways. During this time,...

Sales of existing homes sank another 5.9 percent in July, to a 4.81 million seasonally adjusted annual rate. That is the sixth consecutive monthly decline leaving the selling pace at...

Initial claims for regular state unemployment insurance fell 2,000 for the week ending August 13th, coming in at 250,000. The previous week’s 252,000 was revised down from the initial tally...

The Federal Reserve should have a single mandate focused on price stability. Monetary policy affects total spending, what economists call aggregate demand. In the short run, the Fed can keep...