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The Marshall Plan was an abject economic failure. And that's not just because Japan rebuilt itself after WWII without one. The more important truth is that central planning of precious resources ...

Most Americans may not realize that Ace Hardware is a cooperative, not a franchise. That distinction isn't just academic--it's fundamental to how we compete, survive, and serve ...

"It's not about driving down the cost of labor." Those are the words of Lorenzo Pautasso, general manager of RobCo's U.S. office. Pautasso conveyed them to Farah Stockman of th ...

In addition to my annual messages honoring Memorial Day and Independence Day, I've often written one celebrating Labor Day. Not infrequently, I've been asked why the president of a think tank that pro ...

Vaccines are a miracle. Consider maladies like Polio that used to stalk young people if you're skeptical. Just the same, the miracle of vaccination makes it hard to understand why the most arden ...

AI is no longer on the horizon. It's here, embedded in workflows, growth strategies, and boardroom discussions. Businesses across every sector are doubling down on AI investment, driving tr ...

Higher tariffs are often thought to present a problem to monetary policymakers at the Federal Reserve (Fed). Tariff shocks raise prices and reduce output and employment, which seems to push in o ...

According to a study by the left wing group Public Citizen, the Trump Administration has halted one third of investigations and enforcements actions against "big tech." This pull ...

There are many arguments for why prescription drug prices are so expensive in America. In 2024, the Federal Trade Commission (FTC) released a document pointing the finger at one key player: Pharm ...

It is unprecedented that the dollar is facing such a significant threat. Notably, the primary challenge to U.S. currency currently stems from Donald Trump and his administration's policies aimed at si ...