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What exactly are tariffs, and how do they work? How do they drive up prices? Are tariffs a way to protect the U.S. economy from hostile powers like the Communist Party of China? No, not really. Or a way to protect the supply chains on which U.S. military supremacy depends? No, not that either. In short, tariffs are toxic, and we discuss why that is.
Inflation spirals to a 40-year high; but should we be surprised, given federal fiscal policy? Ukraine’s agony drags on; will the economic after-effects also...
In an election season, there are always personality issues, and everybody has personal favorites. But then there are policy issues—and there are a lot...
Shelby Steele is the Robert J. and Marion E. Oster Senior Fellow at the Hoover Institution.He is the recipient of the National Book Critics...
