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On Monday, 60,000 of you got the letter. I'm so sorry. But you get one day.One day. Pour the bourbon. Drink. Cry. Smoke. Say the things you can't say in the office -- say them all. Take your day.

History looks us in the eye and quietly asks, "Have I taught you nothing?" All money is nothing more than a medium of exchange. It is used to get stuff. That's it. To be effective, i ...

Washington has assembled a corporate portfolio worth tens of billions of dollars, and no one answers for it as a whole. Congress should charter a governing board for it in the lame-duck session, befor ...

America's banks are immensely self-conscious. That is the finding of a report, published recently by the Office of the Comptroller of the Currency (OCC), on the subject of debanking. But for the ...

A business can shop around for a better shipping rate. It cannot do much about a federal law that makes the ship it needs off-limits. That is the problem with the Jones Act. The current waiver gives P ...

"The president should be focusing on the economy" is one of the more illiterate notions in economics. Why does a narrative so abjectly foolish persist? The question rates asking in the aft ...

Utah's political class is mistaking prediction markets for gambling. Worse, in criminalizing prediction markets, the state of Utah is depriving its citizenry not just of the remunerative fruits ...

Today's hotter-than-expected inflation report just handed fresh ammunition to the Federal Reserve's trigger-happy hawks. Christopher Waller, who is rallying Wall Street for a 50-point hike ...

Elon Musk wants to build the next big cell phone company, but competing with established wireless carriers will require substantial investment on Earth as well as in space. Starlink, SpaceX's sa ...

The noise of government regulations breaking the quiet order is erupting around data centers. An economy that flows according to its natural order does not sharpen the blade of self-righteousness. Whe ...