GM Loses Spot as No. 1 U.S. Automaker for the First Time since 1931
U.S. automakers have faced production delays in the third quarter due to insufficient computer-chip supplies.
Chicago Drivers Get Speeding Tickets Every Eleven Seconds
Today, more public energy is devoted to ensuring that kindergarteners wear masks than that violent crime is punished.
Hidden Sources of Risk in China’s Property Sector
Even an orderly unwinding of the highly indebted property sector carries underappreciated risks to foreign investors.
The Meaning of the Market
A review of There’s No Free Lunch: 250 Economic Truths, by David L. Bahnsen.
Rosy Unemployment Data Largely a Result of Seasonal Adjustments
Seasonal adjustments will likely continue to obfuscate jobless claims until DOL revises its figures or reverts to its pre-pandemic methodology.
With Gas Prices Soaring, Biden Searches for a Scapegoat
Try as he might, the president won’t get far attempting to deflect the blame for the damage wrought by his economic policies.
Science Goes Woke
Perhaps it’s unsurprising that grant writers pledge fealty to diversity, equity, and inclusion.
Anatomy of an Inflation Mess
Policy-makers risk a doom loop whereby inflation today begets more inflation tomorrow. Here’s how we got here.
Biden’s Capital-Gains Tax Grab Would Wreak Havoc
This is among the most wrongheaded, poorly designed tax proposals in recent memory.
Democrats Walk Back IRS Reporting Rule
They have raised the threshold from $600 to $10,000 and added new exemptions for wage deposits and payments under federal programs.