Pretty poorly, says John Taylor, a Stanford University economist and creator of the “Taylor Rule,” a rule of thumb for setting interest rates at the right ...

The socialist candidate thinks the free market forces Americans to choose between shoes and food. For all he’s learned about the failure of central planning, the twentieth century might as well never have happened.

Unemployment is 5.1%, inflation is low, and near-zero interest rates have proved innocuous, but the Federal Reserve officials will decide Thursday whether to raise interest rates ever so slightly or stand pat, with pundits opining loudly in both directions.

The first book I read on my current vacation at my cottage is Bill Bryson's One Summer, subtitled America, 1927. It's his story about various events in the United States in 1927. I've been a fan of his travel writing; my favorite is his book on Australia, In a Sunburned Country, which I read twice after visiting Australia.