Thomas Jefferson

The ambiguous agrarian who saw farmers as balancing, and ennobling, a maturing nation.

George Washington

The general, the icon, the Revolution's perfect spymaster.

Alexander Hamilton

The thinker whose blueprints for political order made our nation grow, prosper, and endure.

What the G7 Gets Wrong About Growth

Trade imbalances, international institutions, and the case for economic growth.

The Fed’s Fiscal Trap

How debt, deficits, and fiscal pressure could constrain the Fed’s inflation fight.

The Fed’s Forecasting Problem

How models, forecasts, and uncertainty shape the Fed’s inflation challenge.

The Fed’s Next Inflation Test

How price shocks and affordability are testing the Fed’s inflation strategy.

Trump’s 14 Points: Epic Fury or Epic Fail?

Letter #6: The One Thing No Free Society Can Survive Without

Justice is the “main pillar that upholds the whole edifice.”

Letter #5: The First Exception

How governments bend—and keep bending—the rules of open, competitive markets.

Letter #4: Enemies of the Invisible Hand

Corrosive power—privilege, monopoly, injustice—can defeat free exchange.

Letter #3: The Invisible Hand: How Millions Cooperate

The very practical foundation is voluntary exchange—persuasion—in a just environment.

China’s Iran Calculus

How Beijing reads US power, regional disorder, and strategic opportunity.

Sovereignty First: China’s Territorial Agenda

How Xi Jinping pursues territorial control without full-scale war.

What Does China Want?

Xi Jinping’s global ambitions—and why China doesn’t want to replace the United States.

China’s Venezuela Calculus

What Beijing really weighs after US operation in Caracas.

How Much of the Deficit Is Driven by Social Security?

Think Social Security is fully funded by your payroll taxes? Think again.

Counting the Days

Social Security and Medicare spending add up fast.

The Mystery of the Vanishing Trust Fund

Did Congress rob Social Security—and if not, where did the money go?

Do You Get the Medicare You Paid For?

Hardly anyone pays more for his benefits than he receives.