Viral Trends
Energy Price Hikes Only Exacerbate Persistent Inflation Problem
No one will be surprised to hear that inflation has picked up. But new data from the …
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Viral Trends
Energy Price Hikes Only Exacerbate Persistent Inflation Problem
No one will be surprised to hear that inflation has picked up. But new data from the Bureau of Economic Analysis confirms it. The Personal Consumpt…
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Viral Trends
Powell Exits a Fed Fractured by Inflation Debate
The Federal Reserve held its target range for the federal funds rate at 3.5 to 3.75 percent on Wednesday, a decision markets had fully priced in . G…
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Viral Trends
May Day Politics Come to Classrooms
Chicago Public Schools has struck a deal with the city’s teachers’ union that turns students into political props. On May 1, a regular school day, c…
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Viral Trends
Why AI Won’t Kill The Firm
The idea that artificial intelligence could usher in a “post-money” world — and that such a world would also render firms obsolete — rests on a misu…
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Viral Trends
Supply Shocks Plus Inflation Bind the Fed's Hands
The Federal Open Market Committee is widely expected to leave its policy rate unchanged at this week’s meeting. The CME Group puts the odds that the…
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Viral Trends
What the Meta–Google Verdict Gets Wrong
A few weeks ago, social media skeptics received their best news in years. In KGM v. Meta , a jury found Meta and Google negligent for their role i…
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Viral Trends
'The Wealth of Nations' and 250 Years of Economists Missing the Point
This year marks the 250th anniversary of both the Declaration of Independence and Adam Smith’s The Wealth of Nations — no mere coincidence. The E…
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