Editor’s note: As November’s global climate conference in Glasgow draws near, important facts about climate change don’t always make it into the dominant media coverage. We’re here to help. Each […]
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Back to news homeThe Inflation Tax Rises
Is inflation still “transitory,” as the Federal Reserve and White House like to say? Not if you’ve been visiting the grocery store, gas pump, online retailer, or anywhere else across […]
Wait, We Still Want Fossil Fuels?
The price mechanism is laboring heroically to balance supply and demand and resolve passing energy disruptions caused by the stop-start Covid economy. There are many things politicians do that don’t […]
Record Junk-Loan Sales Fuel Dividend Payouts
U.S. companies have sold a record amount of junk-rated loans to raise money for dividends this year, powered by a recovering economy and investors’ demand for higher-yielding assets. Nonfinancial companies […]
As Inflation Fears Grow, Investors Flock to TIPS
Fears of rising prices have ignited interest in Treasury inflation-protected securities as a way to hedge against inflation. A popular approach to investing in TIPS has been through mutual funds […]
Exxon Sees Green Gold in Algae-Based Fuels. Skeptics See Greenwashing.
Some scientists regard Exxon Mobil Corp.’s long-running quest to turn algae into a transportation fuel as little more than a PR stunt. The oil giant says they are wrong. Using […]
The ‘Shadow Docket’ Diversion
University of Chicago law professor Will Baude drafted an article a few years ago called “Paying Attention to the Orders List,” on the Supreme Court’s expedited rulings not subject to […]
The Failure in Afghanistan Is Worse Than in Vietnam
Many have compared America’s defeat in Afghanistan to Vietnam. But the comparison is unfair to Vietnam. The U.S. became involved in Vietnam primarily to counter the communist threat to Southeast […]
The Joe Manchin Moment
Credit Sen. Joe Manchin for this week solving a paradox. What happens when an irresistible progressive force meets an immovable senator? Physicists take note: The West Virginian is still standing. […]
For iBuyers, the Price Is Right
Capitalism can be a bummer, but it isn’t a crime. In a soaring and ultracompetitive housing market, U.S. consumers are finding it difficult to buy a home. Zillow Research shows […]