Economy
North American and European leaders agree on 5% defence spending target
NATO’s 32 members have made a significant commitment to increase defense spending to 5% of GDP in order to secure protection from the United States. This decision was announced during…
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Lasted Economy
Biggest banks sue the Federal Reserve over annual stress tests
A coalition of banks and business groups have filed a lawsuit against the Federal Reserve over the annual bank stress…
The Fed’s dot plot shows only two rate cuts in 2025, fewer than previously projected
The Federal Reserve's latest projections for interest rates in 2025 have been released, showing a more moderate approach than previously…
We’re Number 17! We’re Number 17!
The Cato Institute recently unveiled its latest report on the Human Freedom Index, which combines measures of economic freedom with…
A Rewrite of a Famous Mencken Aphorism on Democracy
In the latest issue of Regulation (Winter 2024-2025), the concept of democracy and the common people's desires are explored through…
Why the ‘great resignation’ became the ‘great stay’: labor economists
The landscape of the U.S. job market has shifted significantly in recent times, moving from a period of high turnover…
Charity Begins at Home – Econlib
In the midst of the Christmas season, Charles Dickens' classic novel, "A Christmas Carol," sheds light on the destitution and…
Fixing Sick Cities (with Alain Bertaud)
Alain Bertaud, a renowned urbanist and city doctor, recently made an appearance on the EconTalk podcast with host Russ Roberts.…
Fintechs are 2024’s biggest gainers among financials
Jason Wilk, the CEO of digital banking service Dave, has had his fair share of ups and downs in his…