The Merchant Republic: America at 249
Most nations are bound by tribe or throne. From the beginning, America pioneered to be different, the first nation founded on a proposition: that free people, left to their own […]
Why Do Women’s Razors Cost More? Putting the “Pink Tax” in Perspective
For decades, economists and journalists have discussed the “Pink Tax”: the idea that products marketed to women price higher than identical ones for men. In 1992, the New York City Department […]
Chairman Powell’s Curious Case for Abundant Reserves
Last week, Fed Chairman Jerome Powell delivered his semiannual monetary policy report to Congress. Fed watchers will find lots to chew on, but the really interesting material comes in his […]
Can Russia Outlaw Childlessness?
In April, President Trump, who has expressed concerns about the US’s low fertility rate, was asked about a proposal to provide a $5,000 “baby bonus” to every American woman who […]