Viral Trends
Too Connected to Fail: Washington's New Tech Oligarchy
In Federalist No. 47, James Madison warned that “the accumulation of all powers” in …
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Viral Trends
Too Connected to Fail: Washington's New Tech Oligarchy
In Federalist No. 47, James Madison warned that “the accumulation of all powers” in the same hands may be called “the very definition of tyranny.” …
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Viral Trends
Alan Greenspan’s Complicated Monetary Legacy
Alan Greenspan died Monday at the age of 100, and the obituaries have already settled on the title he embraced for two decades. He was the Maestro …
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The Central Banker Who Defied Hitler
During the Q&A period after a lecture on monetary history, a student asked me, “Mr. Reed, do you think a central bank should be independent or s…
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Warsh Remakes the Fed as Inflation Runs Hot
The Federal Reserve held its target range for the federal funds rate at 3.5 to 3.75 percent on Wednesday, at the first meeting of Kevin Warsh’s ten…
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Brexit 10 Years Later: The Economic Collapse That Never Happened
When Britain voted to leave the European Union (EU) on June 23, 2016, there were dire predictions for its economy. Prime Minister David Cameron and…
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The Hidden Driver of Social Security’s Fiscal Crisis
The Social Security Trustees’ annual report delivered another warning last week: the program’s finances have deteriorated further, insolvency is app…
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America Doesn’t Need a New East India Company
With 2026 marking the 250th anniversary of both the American Revolution and Adam Smith’s Wealth of Nations , it is worth remembering the role the Ea…
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