Viral Trends
What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
In the spring of 1933, American farmers pleaded for help from their newly elected pre…
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Viral Trends
What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
In the spring of 1933, American farmers pleaded for help from their newly elected president, Franklin Roosevelt. Hog prices were at record lows, and…
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Viral Trends
Germany’s Auto Giant Is Losing the Race
Automakers from Germany to Detroit are at a crossroads. Do they produce cars for consumers or for political points? Ford and Volkswagen are finding …
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The Price of Fed Silence
Markets almost never function better when participants know less rather than more. Yet that is where the growing campaign against Federal Reserve fo…
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July Inflation Rises, But Weakening Labor Complicates Fed’s Choice
Inflation crept back up in July, though not by much. The Consumer Price Index (CPI) rose 0.1 percent last month, a modest reversal after June’s 0.4…
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The FCC Denies Right to Fair Trial
In a 2024 ruling that shook DC to its foundations, the Supreme Court upheld the Seventh Amendment in SEC v. Jarkesy (2024) , affirming the right t…
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The Lesson of 1971 Was Never About Gold
On August 15, 1971, Richard Nixon interrupted Sunday-night television to announce the New Economic Policy . With the Vietnam War winding down, Nixon…
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Why Detroit Failed and Pittsburgh Recovered
Protectionism, Economic Monoculture, and the Real Lessons of the Rust Belt Executive Summary In 1950, Detroit and Pittsburgh were among the mo…
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