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Federal Reserve officials have warned that the disinflation process would be uneven. The latest data from the Bureau of Economic Analysis (BEA) confirms as much. The Personal Consumption Expenditures Price

Lately, Donald Trump (and Elon Musk) have agreed to consider returning at least some of the money that DOGE saves to the American people. Estimates vary on how big of a check could be going to Americans and there is, of…

Lately, Donald Trump (and Elon Musk) have agreed to consider returning at least some of the money that DOGE saves to the American people. Estimates vary on how big of

What is the Federal Reserve’s job? The standard answer is to maintain full employment and stable prices. This is what economists and commentators mean when they talk about the “dual

What is the Federal Reserve’s job? The standard answer is to maintain full employment and stable prices. This is what economists and commentators mean when they talk about the “dual mandate.” But there’s a problem—as a matter…

One of the more baffling lawsuits in the final days of the Biden administration was the complaint against Zelle, the popular money transfer network. The Consumer Finance Protection Bureau argued that, despite Zelle's…

I hadn’t thought of Follies and Fallacies in Medicine for years, but it caught my eye at an auspicious time. The book, written by doctors Petr Skrabenk and James McCormick, opens with a story on what a British medical journal…

I hadn’t thought of Follies and Fallacies in Medicine for years, but it caught my eye at an auspicious time. The book, written by doctors Petr Skrabenk and James McCormick,

I have argued for over a decade that America has a fourth, largely unaccountable branch of government in the administrative state. My 2012 book, Stealing You Blind, describes how federal bureaucrats were making bank while…