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Substantive and disturbing questions continue to be raised about the Biden Administration’s immigration policies, and those of its supporters, which have enriched criminal cartels and violent gangs, endangered illegal immigrants, and harmed the safety...

As of today, keen observers such as Rob Arnott can discern grim portents about the economic and political future of the United States. Of course, circumstances can change, but at present, both political parties have surrendered fiscal restraint, spending...

The Federal Reserve headquarters in Washington, DC
Economists George Selgin, William Lastrapes, and Lawrence White do not tell an encouraging story about the Federal Reserve[1] They noted, ”In light of the severe Great Contraction of the early 1930s under the Fed’s watch, worse than any of the pre-Fed...

I have been thinking a lot about the stock market lately, but not for the reasons most people think about it.  The most common thing people wonder about the stock market is something like this: “Is the market about to go up, or down?”  I think long-time...