Economy
The New G8
Russia has created a new alliance that many are calling the “new G8.” Russia was expelled from the original Group...
Manufacturing Output Falls for the Second Time in Five Months
Total industrial production increased a modest 0.2 percent in May following strong gains in the first four months of 2022....
Student-Loan Forgiveness Will Cover Non-Education Purchases, Say, Newer Cars
The Wall Street Journal editors, and many other policy analysts and pundits, have criticized, correctly, student-loan forgiveness proposals on fairness...
Frédéric Bastiat’s Fruitful Fusionism
Reprinted from Law & Liberty Around the beginning of the 19th century, per capita economic growth turned decisively positive, and...
FOMC Projects Even Higher Inflation
Fed officials raised their projections for inflation this week. The median Federal Open Market Committee (FOMC) member now projects inflation...
Home Construction Falls Again in May
Total housing starts fell to a 1.549 million annual rate in May from a 1.810 million pace in April, a...
Chinese Antitrust Policy: Politics Over Economics
As China’s economy modernizes, Beijing is revamping its competition regulations to reflect a new set of priorities. China recently amended...
Four-Week Average of Weekly Initial Claims Hits the Highest Level Since March
Initial claims for regular state unemployment insurance fell 3,000 for the week ending June 11, coming in at 229,000. The...
What Kind of Education do Lotteries Fund?
For at least 350 years, economists and (other) cynics have told each other that the lottery is a tax on...
Conversations on Totalitarianism
Reprinted from Law & Liberty Truly, I live in dark times!” laments Bertolt Brecht in his 1940 poem, To those born later. The...
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