Inflation and Statistics: Economics Explains Them, Not the Other Way Around

No FISA Without SAVE Act: Trump Calls Out 'Dumocrat' Double-Cross," Keeps Pulte As Acting DNI Just two years after Donald Trump urged Congress to kill Section 702 of the Foreign Intelligence Surveillance Act while on the campaign trail, he's now livid that Democrats won't help Republicans pass it. Trump took to Truth Social early Wednesday morning with a lengthy post accusing 'Dumocrats' of breaking a bipartisan deal on FISA reauthorization - and announced a series of moves that throw a wrench into Senate plans for both intelligence leadership and surveillance powers. According...

Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs). The precious metal has posted double-digit gains for each of the last three years, more than doubling in price as central banks, money managers and retail investors all piled into the trade. That rally ran out...

While Adam Smith is celebrated in some circles as the “Father of Free-Market Economics” (Austrians would disagree), his writings on the “disadvantages” of the worker are misleading.