MAGA is essentially a coalition of losers from history: those who opposed FDR’s regulation of capital, Lincoln’s shift from tariffs to inco...

In the first year after the outbreak, COVID fatalities in the U.S. occurred at roughly twice the rate of the average OECD country. This sugg...

In the 1800 election between Federalist John Adams and Democratic-Republican Thomas Jefferson, Pennsylvania was the swing state that tipped ...

The UK's GDP growth per person slowed dramatically from 2.5% to around 0.5% annually following Brexit—a drastic change, largely attribut...

Today, Daron Acemoglu, Simon Johnson, and James A. Robinson won the Nobel Prize in Economics. That pleases me. I’ve mentioned Acemoglu in 20...

  "He’s the kind of guy who’ll pee on your leg and call it trickle-down economics." ** "I'm cooking, Jerome! You said thi...

In the four Gospels, Jesus doesn’t mention abortion or homosexuality—not once. But in three of the four, He gives the same advice to a rich ...

Let's talk nonsense this morning. Or, more specifically, let’s talk about why Trump talks so much nonsense. He does it to distract reaso...

I'm going to make a couple of reckless forecasts for this week. On Wednesday, September 18, Fed Chair Jerome Powell will announce a 50 b...

In America, we use "conservative" in two main ways. One, to describe those who want less government. And two, for those who protec...

In July 2015, during a campaign event in Ames, Iowa, Donald Trump made controversial remarks about John McCain. Trump said, "He's n...

Kamala Harris is a product of a very different immigration policy than the one that came before LBJ and the one that will come after Trump. ...

I don't think that enough is made of the inflation impact of Trump's tariffs. When David Ricardo introduced the concept of comparati...

The concept from "The Fourth Economy" posits that since the Dark Ages, major societal transformations have been driven by shifts i...

Part One: "Is the Fourth economy still valid?" **** The validity of the "Fourth Economy" theory can be evaluated based o...

History books in 50 years: One candidate had tried to violently overthrow democracy when he lost his last election, shrugged his shoulders a...

Andrew Mellon, a financier who served as Treasury Secretary, faced investigation by the Roosevelt administration for alleged tax evasion sta...

The actual meaning of the word parent evolves all the time. The parents of an infant, a kindergartener, and a teenager have vastly different...

Trump has suggested that he could get rid of income tax and simply replace it with tariffs. As Catherine Rampell of the Washington Post poin...

Before American troops ever landed in Europe, FDR had said, "We must be the great arsenal of democracy. For us, this is an emergency as...