Whatever else they are, they are not economists. Joseph Stiglitz, Thomas Piketty, and the other 350 signatories of an anti-poverty manifesto have given up on any claim to that name. An economist is someone who studies the production and distribution of goods and services, someone who analyzes the voluntary transactions we make in pursuit of […]
Politicians from both parties have been able to avoid Social Security’s impending insolvency for decades because bankruptcy was still years away. It was a little over the horizon, and for our irresponsible politicians, out of sight has been out of mind. But according to the latest Social Security trustees report this week, bankruptcy is upon us now. […]
For years, policymakers focused on one question: Will Iran build a nuclear weapon? The recent war revealed a different reality. Tehran’s most effective strategic asset may not be its nuclear program at all. It is the Strait of Hormuz. The mere possibility of disruption in Hormuz can move oil prices, increase shipping costs, raise insurance […]
House Democrats claim the Karmelo Anthony guilty verdict highlights racism in the criminal justice system, citing concerns about jury selection and race.
U.S. Central Command (Centcom) said on Friday that U.S. forces shot down an unspecified number of Iranian one-way attack drones in the Strait of Hormuz, as an emerging deal between the two nations hangs in the balance. Centcom wrote on the social platform X that Iran had launched “multiple one-way attack drones” targeting commercial ships...