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In November 1933, the new administration of Franklin Roosevelt extended official diplomatic recognition to Stalin’s Soviet Union. The Soviet…
This summer, I was attending a performance of The Sleeping Beauty at London’s Royal Albert Hall, when during a…
In late April, New York City Mayor Zohran Mamdani proposed closing a $5 billion budget gap by skipping the…
In 2022, politicians in Minneapolis and St. Paul, Minnesota, voted for rent control. I said that would lead to…
Something unusual is happening in global bond markets, and it is more consequential than the usual swings in yields.…
The academy is a lot like the United States: it has never lived up to its ideals, but it…
Most people think the dollar originated with the United States. The dollar, its symbol and its banking arrangements, are…
Overwhelmingly left-leaning college professors tend to offer sharp critiques of “ultra-wealth,” concentrated capital, and the supposed moral failings of…
The United States has crossed a fiscal milestone that would have seemed unimaginable to earlier generations: $40 trillion in…
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