U.S. History

There's a growing divergence between income growth in states with large financial centers — and the old "main street" economies.

Trump's upset win provides no mandate and does not translate into any general approval for the candidate's agenda.

America's success stems from its limitation of state power. Unfortunately, it's not clear that Donald Trump realizes this.

Candidates rarely win votes from more than a small fraction of the population, and yet this meager performance is said to be a "mandate."

As always in an election year, the public clamors for more jobs. But really, they are clamoring for more, newer, and better stuff.

Both political corruption and trade barriers lead to economic impoverishment. The current election has brought both issues to the fore.

In a free market, increasing trade leads to increases in real wages. Unfortunately, central banks have intervened to inflate many of those gains away.

Decentralization, not political influence, should be the goal — a strategy that is more "Brexit" and less "Reagan Revolution."

Faith in the voting process has weakened because voters are increasingly fearful of what an electoral loss might bring.

Federal laws against free association of dairy producers has created a deeply distorted and unresponsive market.