When Donald Trump vowed to tackle excessive federal spending, few expected Elon Musk, the world’s most prominent entrepreneur, to lead the charge. Yet, in a move that reflected Trump’s unconventional style, Musk was appointed head of the newly created Department of Government Efficiency (DOGE), tasked with dismantling the bloated federal bureaucracy. DOGE launched ambitiously, aiming...
New data from the Bureau of Economic Analysis confirm that inflation remained low in May. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at an annualized rate of 1.6 percent last month. It has averaged 1.1 percent over the last three months and 2.3 percent over...
America’s economy is by far the world’s biggest. With a projected 2025 GDP of over $30 trillion, we have been better at bringing prosperity to large groups of people than any nation in history. We’re also the most indebted. In absolute terms, the U.S. owes more money than any other nation, and was recently downgraded...
The Techno-Industrial Policy Playbook, published by American Compass, The Foundation for American Innovation, The Institute for Progress, and New American Industrial Alliance (NAIA) Foundation, is being sold as a bold new blueprint for American renewal. It proposes that the federal government directly invest in politically chosen “strategic sectors,” led by a National Investment Council and...
“Amity Island had everything. Clear skies. Gentle surf. Warm water. People flocked there every summer. It was the perfect feeding ground.” On June 20, 1975, moviegoers lined up to see a new picture, a pulpy horror movie about a shark. And it delivered, offering popcorn-spilling jump-scares as the shark leapt up on the screen. The...
In his novel Ignorance, the late Milan Kundera called nostalgia “the suffering caused by an unappeased yearning to return.” Nostalgia is a powerful force, particularly so today. For years, Hollywood has tapped into our desire to return to the past to cash in. Though Disney’s 2025 flop Snow White shows the formula is far from...
The first Karate Kid movie was released in June 1984, and presently, the story lives on with the new release of Karate Kid: Legends. I recently re-watched The Karate Kid and The Karate Kid Part II with my own kids, and these films were just as good as I remembered. When I was growing up...
Northwood University has officially launched the public phase of its When We Are Free campaign — a $100 million fundraising initiative to sustain and advance America’s Free Enterprise University! “The When We Are Free campaign is the most ambitious and consequential initiative in Northwood University’s history,” said President Kent MacDonald. “This $100 million effort is...
With the rise of populist skepticism about international trade, claims have resurfaced asserting that restricting imports will create jobs, that trade deficits are a subsidy to foreigners, that tariffs generate tax revenue, and that tariffs serve as a strategic negotiating tool. But most of these claims are economically flawed and often contradict each other. The...
The Three Mile Island meltdown was the worst American commercial nuclear accident in our nation’s history. Yet at the same time, it is the only commercial nuclear accident in U.S. history, with no one being physically harmed and the plant remaining operational. Primarily, this can be attributed to the creation of the Institute of Nuclear...
With the clock ticking on the 90-day pause in President Donald Trump’s tariff and trade war, it’s time for the president to answer some questions. After all, when the president systematically uses economic nationalism in public discourse, he shapes people’s minds—regardless of whether his statements are intended for political negotiations or reflect deeply held beliefs....
Investor and podcaster Eric Weinstein recently argued that free speech is overrated. While supporting the idea of the First Amendment, he said that free speech alone was insufficient to combat bad ideas. As he put it, “This whole concept of the marketplace of ideas doesn’t actually work because marketplaces have market failures and very fit...
While President Donald Trump continues to expand and contract his tariff policy, taking his allies on a political-economic roller coaster, China seems unfazed by this frenzy that is challenging the world order. In response to the US imposing new tariffs on goods of Chinese origin, China initially responded with a similar strategy. Beijing retaliated with...
Gary Shapiro has had a long career at the intersection of consumer technology and the government rules that govern it. As the CEO of the Consumer Electronics Association, he has been both a cheerleader and defensive coordinator when it comes to the companies that make the gizmos, appliances, and computerized wonders that fill our lives....