A Primer on The Federal Reserve's Independence
President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high. Trump has also threatened to oust Powell — which would mark an extraordinary shift away from the independence of the central bank.
Today on the show, three Indicators: a short history of the Federal Reserve and why it's insulated from day-to-day politics; how the Fed amassed a ton of power in recent years; and a Trump executive order that took some of that power away.
Economic Dynamism
Defending Technological Dynamism & the Freedom to Innovate in the Age of AI
Human flourishing, economic growth, and geopolitical resilience requires innovation—especially in artificial intelligence.
Partisan Trust in the Federal Reserve
This paper examines partisanship in public perceptions of the Federal Reserve.
It’s Not Easy, but We Can All Learn to Think like Adam Smith
To truly understand what a dynamic economy requires, we would do well to recover the 18th-century sensibility that understood dynamism as a social and cultural phenomenon as much as an economic one.
Locked Out of the Dream: Regulation Making Homes Unaffordable Around the World
The first in a two-part series on the global housing crisis.
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American Aspiration – a Blueprint
We need to refocus on what prosperity produces and requires at the level of ordinary, individual people trying to make their way to that better version of themselves that only they can achieve.
Today’s Upside-Down Preference for Wind over Natural Gas
Trump is right to push for his safe pipeline; Hochul should abandon her dangerous wind farms.
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