Federal Reserve chair Jerome Powell recently emphasized that the US economy remains resilient, in large part due to a…
Just 50 years after America’s founding, the New Hampshire inventor, Samuel Morey, received the nation’s first patent for an…
In my home and as a foster parent, reading is a constant. In the first days and weeks of…
Writing during the Great Depression in 1930, John Maynard Keynes (1883-1946) pushed back against what he called a “bad…
Executive Summary 2026 marks the 250th anniversary of two momentous historical events: the publication of Adam Smith’s Inquiry into…
Americans often say inflation feels higher than what official statistics report. For most of economic history, inflation had a…
If you’ve recently hitched a ride with Uber, Lyft, or any other rideshare company, chances are you spent more…
Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the…
Washington has a habit of changing its budget goals — not because the country solved the spending-driven debt problem,…
As a college student with little understanding of how money works, Caleb Hammer racked up thousands in credit card…