Videos
The Dangerous Decade: Can America Deter a War with China?
What will it take to defend Taiwan—and preserve peace with China?
August 31, 2026
John Cochrane looks at the many economic dimensions of the coronavirus pandemic, from the Federal Reserve’s rate cut to proposed stimulus measures to the possible need for bailouts.
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French Fables
An interesting brouhaha has broken out in France, lately famous for reinvigorating the idea of wealth taxes: The French government should default on (“annul” “cancel” — the left is great at euphemisms) its debt held by the European Central Banks. Voilá. Disparu. Without any financial or economic cost!
August 24, 2026
Articles
What’s Behind The Declining Trend Unemployment Rate?
The U.S. unemployment rate has trended down for decades. Estimates after removing business cycle fluctuations show that the trend rate fell from 7.8% in 1976 to 4.8% in 2024.
August 24, 2026