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John R. PuriNational Review |
The economist William Nordhaus died on October 30. In 2018, Nordhaus won the Nobel Prize in Economics for developing an economic model of climate...
Democrats dominated in the midterms largely on a kitchen-table message of affordability. Naturally, one of their first legislative acts will be to...
In January, I wrote that by putting extreme pressure on the Federal Reserve to slash interest rates to nearly zero and thereby blow out the money...
The debate is raging on the plugged-in right, including on NR‘s pages, over whether Republicans’ midterm obliteration was mostly precipitated by...
Many pundits are confused as to why, in an economy where all the aggregates are pointing in the right direction, Americans are so sour about it....
Much of the damage of Proposition 40, a ballot measure to impose a 5 percent wealth tax on California billionaires' assets, has already been...
According to the Federal Reserve today, "Economic activity is expanding at a strong pace." Despite an energy shock, "domestic spending...
There are plenty of reasons to fear a Democratic trifecta in Washington, which next week’s midterms may very well set up for 2028. Below is a list...
There is a progressive impulse — indeed, one shared by many who are not formal progressives — to bring all forces into proper balance and thereby...
Another day, another batch of federal “investments” in private companies. The Commerce Department distributed $389 million in funds earmarked for...
Starting next year, seniors receiving Social Security will see an increase in their benefit checks of 3.6 percent, or by approximately $75 per month...
Are we truly free unless we can bet on the price of onions? Many brave souls are finally crying out. On Monday, outside the Chicago Mercantile...
The price of diesel is much higher than it was at the beginning of this year, and despite his shamelessly blaming Ukraine, it's mostly because of...
Michael Brendan Dougherty thinks I gave domestic markets short shrift when I asserted that they cannot bring the price of a good below its pre-tariff...
The senator from Massachusetts is concerned, as she so often is, about a voluntary market transaction that she has nothing to do with. Witness...
Elevated inflation still isn't dead, even if the president, the Federal Reserve, and everyone else in America (except those who benefit from...
Michael Brendan Dougherty responded to my claim that raising domestic prices is the point of tariffs, since they aim to increase domestic production...
Fox News reported on a new Federal Reserve paper that finds that new tariffs have caused prices of U.S.-made consumer goods to rise in tandem with...
This morning, we received word that Ukraine lost access to its satellite internet service provided by SpaceX and the U.S. military. That sudden loss...
For four years, the Biden administration and the media kept telling us that the crisis at the southern border was out of the president's hands...
The Wall Street Journal has a brutal report on how Britain's welfare spending (on cash programs, not health care) is crushing the country's...
You may remember that in 2023, responding to the emergence of “national conservatives” and their statement of principles, a large group of more...
Vice President JD Vance, usually known for his fastidious honesty, took the opportunity to attack Microsoft for legally hiring immigrants when he...
The Congressional Budget Office (CBO) released its monthly budget review for September today, and the findings aren't wonderful: "The...
In August, the U.S. trade deficit hit a seasonally adjusted $106 billion, the highest total since President Trump announced his sweeping tariff regime...
Michael Brendan Dougherty writes that many Americans are reasonably upset with the economy mostly because of higher prices and a diminished path to...
Ramesh writes on the Corner: The U.S. has a government-issued currency and a central bank. Maybe we shouldn’t have these institutions, but they are...
The Federal Reserve will decide at the end of October whether to raise interest rates for a second consecutive meeting, most likely by another quarter...
The Wall Street Journal has a new national poll out, finding that many populist economic interventions, such as price controls and restrictions on...
This week, we learned from the Supreme Court that Justice Samuel Alito is recusing himself from the case of Suncor Energy v. Boulder County, with oral...
The U.S. economy is "robust," says the Wall Street Journal. Over the past few years, it has blown through the highest inflation in 40...
Jim Geraghty writes today about why Austin, Texas, is thriving, having grown from the nation's 27th most populous city in 1990 to its 12th...
My predecessor, Dominic Pino, wrote for NR last year that "free trade is how you live your life," since international commerce is simply the...
A pair of House Republicans has introduced a bill, the Anti-Fraud Fund Act of 2026, to crack down on pervasive fraud in federal health-care programs...
Over the past few years, the American health-care sector has seen a real-time experiment in what happens when a revolutionary treatment runs outside...
Amid record-high U.S. diesel prices, the proximate cause of which is the war in the Middle East, some policymakers are considering an intervention to...
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: The Committee decided to raise the target range for...
Tomas Philipson has a piece for NRO today arguing that the federal government should use its funding leverage to force new requirements against waste...
Yesterday, Politico published an article with a knowingly misleading title for data centers' enemies to pounce on: "Corporate tax payments...
On Wednesday, the Federal Reserve will announce its decision on where to set the benchmark interest rates that affect borrowing costs throughout the...
The leaders and employees of major AI developers, especially OpenAI and Anthropic, make headlines whenever they fret in public that their products...
Treasury Secretary Scott Bessent must be feeling chafed. Last month, amid rapidly rising interest rates on federal debt, he announced that his...
Over the weekend, it was reported that the Trump administration — particularly Vice President Vance — is pushing a plan to open up a federal...
We received this calm, collected message from the president this morning after the most recent jobs report was released: Great jobs number just...
The U.S. economy received a great jobs report today, at least by the sad standards of the past few years. The Wall Street Journal summarizes: The U.S....
Republicans from farm-heavy states are not exactly prophets of free enterprise when it comes to their favorite industry. On agricultural policy, they...
President Trump claims that the federal government can replenish its Strategic Petroleum Reserve "very shortly" with Venezuelan oil to...
The words of Federal Reserve Chair Kevin Warsh are consistently more impressive than his actions on monetary policy. But during his speech in Jackson...
Amid the AI build-out, the country is experiencing a historic surge in the cost of memory and other computer chips. This demand shock has forced...
The government released new data for the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index,...