Losing New York to socialists, facing a wealth tax election in California—our oligarchs begin to suspect that Americans may not like them very much.
Economic Policy
Posted inEconomic Policy
Greenspan Was the Creator of His Own Disaster
The former Fed chair, who died at the age of 100 this week, deliberately engineered financial markets to be faster and looser. Then they blew up.
Posted inEconomic Policy
Crypto Industry Gets Its Way on GENIUS Act Rulemaking
The primary federal regulators of stablecoins are finalizing their rules for GENIUS Act implementation and, much to the chagrin of the banking industry, crypto firms are getting everything they want.
Posted inEconomic Policy
New York City Wants to End Surveillance Pricing
States have attempted to prevent companies from using personal information to set prices. New York City wants to give the public a chance to enforce the law.
Posted inTAP
The Most Important Labour Leader in a Generation
The stakes for Andy Burnham’s success go far beyond Britain.
Posted inTAP
Kevin Warsh Decides Not to Be Trump’s Toady
The Fed votes 12-0 against Trump’s demand to cut interest rates.
Posted inEnergy and the Environment
Aftermath: The War Ends and the Aftermath Begins
In today’s edition: How long will it take for global energy markets to return to normal? A long time, it turns out.
Posted inEconomic Policy
Nothing Is Safe From Private Equity Rollups
Is antitrust enforcement equal to the challenge of defeating the most prevalent abuses?
Posted inEconomic Policy
Trump and Bernie Agree: Let’s Own AI!
One’s a narcissist, the other’s a socialist, but there’s room for all in this improbable coming together.
Posted inVideos
Video: Is Greenland the Most Socialist Country in the World?
It has an immense sector of state-owned companies, and it seems to work pretty well.