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Americans Are Right: Inflation Is Not Just the Fed's Problem Sep 25, 2026
Inflation hasn't gone away — it's going up. With the midterm elections seven weeks off, that's a problem for the president and Congress. Voters hate inflation. They don't much like the cure either, and the cure has two parts. The Federal Reserv... Read More
Against AI Regulatory Capture Sep 25, 2026
American businesses have long practiced what political scientists call regulatory capture. A company that cannot repeal a law takes control of the people the government put in charge of enforcing it. The airlines did it to the Civil Aeronautics Board... Read More
Making a Bet in the Big Casino Sep 24, 2026
When it came to how I was gonna die, I split my bet. I put some money on cancer because it's got good odds. I also got money down on civil war because there's a lot of buzz about civil war. That kind of thing will move the betting line. You get in ea... Read More
Five Tests of American Restraint Sep 24, 2026
Five seemingly unrelated developments — the Supreme Court's intervention in mail-in ballot rules, a federal judge's decision affecting foreign students and journalists, the blockade threatening Saudi Arabia, an unusual alliance in Michigan poli... Read More
