“Chicken” is a game where two people, or two groups, want different things, in a context where “I win/you lose.”  That is, there are no gains from exchange or compromise, and the loser

Zohran Mamdani announced early this month that, should he win the New York City mayoral race, he intends to shut down New York City public schools’ gifted and talented programs for grades K-2. This

Across the United States, harvesters are beginning to scythe their way through fields of crops. How well or badly the harvest goes has traditionally been a farmer’s make-or-break moment, but this year there

On and shortly after Liberation Day, economists warned that tariffs would raise prices, snarl supply chains, and cut into economic growth. Prices are higher, certainly, but haven’t skyrocketed. Goods are, despite early concerns,

Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year. It is a relatively rare event, having happened just 21 times previously. Thus,

I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve his goals. Lower interest rates can stimulate the economy because a

This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth. The 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had cracked apart, fleeing the comfort and safety of accepted knowns to float untethered