The Free Speech Cycle The First Amendment to the U.S. Constitution (together with the Fourteenth Amendment) provides that neither Congress nor the States can pass a law that abridges Americans’ right to speak freely. It therefore guarantees a broad – and thoroughly American – freedom...

The Great Disruptor Donald Trump, the 45th President of the United States, is The Great Disruptor. There is little disagreement that in his less-than-three-years-as-President, Trump has caused more national and international disruption than any individual or group since the end of the Second World War. Is...

Tales from the Economic Dark Side Markets alternate between optimism and pessimism in a struggle that pits bulls against bears. Since optimism generally prevails, long-term investors – the bulls – most often have the happier endings. Markets go up more often than they go...

Foggy Economics Where are those neat crystal ball predictions that students of economics used to rely on? Why is it that so many of today’s analysts, historians and financial industry pundits – including the Federal Reserve – are getting their forecasts so, so wrong? ...