Headlines

Austerity comes from the Greek word “austeros,” connoting harsh, bitter, astringency. The first instance of the word to mean fiscal discipline was in 1937, when John Maynard Keynes admonished a fretful President Roosevelt…

This explainer will outline how Medicaid functions, the program’s costs, its influence on healthcare in the United States, and how the proposed policy changes in 2025 could reshape the program.

Americans are feeling the sting of President Trump’s tariffs. Consumer goods ranging from coffee and watches to toys and televisions are experiencing a jump in prices. Meanwhile, socialist frontrunner and New York City…

In the aftermath of World War I, thousands of young officers were faced with limited prospects for advancement. In that inauspicious moment, then–Second Lieutenant Edward Crosby Harwood carved out opportunity and meaning for…

Politicians in Washington have the shortest memories. Maybe that's why they so seldom learn from their sometimes catastrophic mistakes. It was less than 20 years ago that the U.S. economy was flattened by the mortgage…

Inflation eased slightly in September, the Bureau of Labor Statistics (BLS) reported late last week, after a delay in the release due to the government shutdown. The Consumer Price Index (CPI) rose 0.3 percent last month,…

Globalization is perhaps best explained not with statistics, but with a pair of foods beloved in China.  Consider Shenyang’s chicken racks and Wuhan’s duck necks — two dishes born directly from trade. In the 1990s, Liaoning’s…

Failure gets rewarded when it comes to government unions. Look no further than Stacy Davis Gates, the president of the Chicago Teachers Union (CTU). She was just unanimously elected to lead the Illinois Federation of Teachers…