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Forward guidance is not a crystal ball: A case for rules-based monetary policy
Throughout history, the urge to predict the future has been hard to resist. The Federal Reserve is not immune to such temptation. In recent years,…
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An easy win possible on affordability for California regulators
Whether “affordability” is a serious policy prescription or just a campaign buzzword remains to be seen, but California’s Public Utilities Commission has a golden opportunity…
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The week in regulations: Drone settlements and gambling losses
The 2026 Federal Register topped 20,000 pages. President Trump got into a feud with the Pope. Agencies issued new regulations ranging from mail standards to…
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The quartz tariff case and why tariffs cause net job loss
Last year, domestic quartz surface product manufacturers filed a petition with the US International Trade Commission (ITC) seeking relief from quartz imports. The ITC…
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A constitutional line re-drawn: What McNutt means for liberty
Last week, the Fifth Circuit issued a remarkable decision in McNutt v. U.S. Department of Justice — one that reaches far beyond the niche world…
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Fly the (climate) friendly skies? Delta is having second thoughts
Delta Air Lines has quietly backed away from its pledge to use 10 percent sustainable aviation fuels (SAFs) by 2030, citing the lack…