American journalists and academics have invented a fairy tale in which “free market orthodoxy” has dominated political thinking in America for the past forty years. This is not even slightly true, but pundits repeat the lie again and again.

This downward movement in CPI growth—which remains positive and well above the Fed's two-percent target—reflects, in part, falling rents and oil prices due to soft demand. 

National Review’s purging of the John Birch Society was done because the Birchers began to turn against the Vietnam War.

The US economy is hooked on easy money and artificially low interest rates. Huge credit expansions are not “stimulating” the economy; they are destroying it.