Napolitano: The argument is that less liberty produces more safety. That premise is historically and morally erroneous.
World News
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May PCE inflation rises to 2.3%. Remember when Powell predicted inflation would soon be back at 2 percent back in September?
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Trump wants more inflation. Warsh, Hassett and Bessent are among those under consideration as Trump evaluates their commitment to cutting rates.
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President Trump called for Israeli Prime Minister Benjamin Netanyahu’s corruption trial to come to an end in a strong show of support for the Israeli leader.
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Regardless of your view of the current conflicts, one fact is indisputable. President Trump’s actions violate our traditional non-interventionist foreign policy.
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Contrary to the expectation of the Luddites, we have only become wealthier than before and workers today enjoy much higher standards of living than workers in the past.
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Unfortunately, central bankers can’t wave a magic wand and make price inflation disappear while the same central bankers also push easy money to force down interest rates.
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America inherited the core institutional framework of Europe (especially Britain) but refined and amplified it through greater decentralization, lower taxation, and more expansive freedoms.
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For millennia prior to the dawn of the Industrial Revolution, the vast majority of men, women, and children toiled from dusk to dawn and beyond just to keep body and…