Modern progressives believe that one can only be loyal to one‘s nation by being loyal to the central government. Yet, American history shows that the “nation” is not the state…

What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most important factor is the purchasing power of the currencies in question.

What determines currency exchange rates? While “experts” present a number of theories such as trade balance, the most important factor is the purchasing power of the currencies in question.

There are more federal grantees and contractors at NGOs and “private” firms—who are de facto federal workers—than there are “official” federal workers.

In his inaugural address, President Donald Trump promised a “revolution of common sense.” However, one area of US government policy that has lacked “common sense” for more than a century…

Things aren‘t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it‘s making “progress toward the 2 percent objective.”

The latest political hot potato puts our standard of living at a critical crossroads. Mark Thornton identifies the missing road signs.

Mike Fox This blog is an update of the Dec. 24, 2024 post, “DOJ Jumps the Shark.” Imagine you were operating a shark diving charter boat in Florida and came…

Walter Olson The US Department of Justice (DOJ) is unique among federal agencies in the extent to which its core mission is to safeguard the integrity of the law, and…

As the Trump administration cuts thousands of federal jobs, it‘s good to remember that the public sector‘s “services” provide no actual net value to the “national product.”