Zillow, which is famously bullish on housing prices, is now projecting that U.S. home prices will fall 1.7% between March 2025 and March 2026.
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Donald Trump says he plans for a big 12% jump in military spending, he has threatened war with Iran, and has escalated the war with the Houthis. None of this…
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Jeffrey Miron and Peter Van Doren From Peter Van Doren: My colleague Jeffrey Miron recently argued that the federal government should not fund research. Here I ask a slightly different question: Are…
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We are bombarded with claims that capitalism causes inequality, yet what it really mean? In truth, in a free market economy, differences in income, even large differences, don‘t mean much…
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Walter Olson No civil rights law on the books requires “viewpoint diversity” in university admissions or hiring or creates a protected class of students or faculty based on ideological views.…
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April 2025 Manufacturing Business Outlook Survey: “The index for new orders also fell sharply, from 8.7 in March to -34.2 this month, its lowest reading since April 2020.”
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It’s going to take a lot more than some trimming around the edges to change the federal government’s current trajectory into continued $2-trillion-plus annual deficits.
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Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends,…
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Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends,…