Now we live in a world of uncertainty where the economic facts can change at a moment’s notice. That world would be best served by a Fed that is prepared to make early monetary policy changes when the ...

We say that civic life is fraying. We point to distrust, fragmentation, and the steady decline of shared experience in American culture. Much of that is true. But every so often, something cuts ...

As Operation Epic Fury finishes its sixth week and enters a two-week cease fire period, we estimate an incremental cost to date of between $25 and $35 billion.

The new limits on graduate student borrowing enacted in the One Big Beautiful Bill Act (OBBB) mark a decisive shift away from the era of effectively unlimited federal lending. To understand why, it ...

New York Governor Kathy Hochul made news recently with an interview that was at once revealing and pathetic. The revealing part was her plea for rich former New Yorkers to return so they can be taxed ...

“Designed in California, assembled in China,” reads the text etched on the back of most iPhones. For over a decade, the iPhone has exemplified China’s central role in producing the world’s electronics ...

President Donald Trump has set forth an ambitious plan to reform the federal approach to immigration policy and enforcement. This plan can broadly be categorized into two overarching goals: (1) to ...

Having worked on emerging markets for many years, first at the IMF and then on Wall Street, I can recognize an economy on the road to a crisis. It pains me to say that the United States appears to be ...

Unlike most 18-year-olds, Lizzie Penola arrived at Hillsdale College in the fall of 2021 with well-formed education and career objectives already set in her mind. One of seven siblings from Zionsville ...

This report presents estimates of consumption and income based poverty in the United States derived from information collected in the U.S. Bureau of Labor Statistics’ Consumer Expenditure Survey and ...

In the United States, it is conventional wisdom that wages have stagnated for decades. A few examples to illustrate the point: In a recent story in “The New York Times’s” Business section, an article ...

While most Americans are dissatisfied with the direction of the country, they are optimistic about life in their communities and their ability to achieve the American dream. Most people say their ...