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Politics

Edwin S. Corwin in The President: Office and Powers, 1878-1957 has argued that the Constitution is a tussle for control between the executive and...

Politics

In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government...

Politics

The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to...

Politics

Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and...

Politics

The last excuse that diehard defenders of President Trump’s tariff policies have advanced now lies in ruins.

Politics

Zillow, which is famously bullish on housing prices, is now projecting that U.S. home prices will fall 1.7% between March 2025 and March 2026.

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