Ultimately, global markets will determine medium- and long-term interest rates and oil prices. The caveat for Trump is that politicians who try to circumvent markets eventually lose. The price ...

The Department of Justice says it will "vigorously defend" Donald Trump's executive order ending birthright citizenship, ...

In my previous post, I explained how the real-bills doctrine originally espoused by Adam Smith was later misunderstood and misapplied as a policy guide for central banking, not, as Smith understood it ...

One of my goals when launching this blog in 2011 was to revive interest in the important, but unfortunately neglected and largely forgotten, contributions to monetary and macroeconomic theory of Ralph ...

The problem with populism is that it doesn’t work.

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(Doug Mills | The New York Times) President Donald Trump signs executive orders in the Oval Office of the White House in ...

Asian shares have advanced after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.

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Trump has put Musk, the world's richest man and the CEO of Tesla, X, and SpaceX, in charge of the Department of Government Efficiency, which is not actually a federal agency, but more of a small ...

President Donald Trump signed an executive order to pardon those charged with federal crimes for storming the U.S. Capitol in ...

The Bank of Japan has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a desirable target level ...