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The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed's most famous function-targeting the Fed funds rate-is totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with...
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A former U.S. Assistant Secretary of State and currently Acting Senior Vice President for Research at The Heritage Foundation, Kim R. Holmes surveys the state of liberalism in America today and finds that it is becoming its opposite-illiberalism-abandoning the precepts of open-mindedness and respect for individual rights, liberties, and the rule of law upon which the country was founded, and becoming instead an intolerant, rigidly dogmatic ideology...
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In the aftermath of World War II, America stood alone as the world's premier military power. Yet its martial confidence contrasted vividly with its sense of cultural inferiority. Still looking to a defeated and dispirited Europe for intellectual and artistic guidance, the burgeoning transnational elite in New York and Washington embraced not only the war's refugees, but many of their ideas as well, and nothing has proven more pernicious than those...
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Curiosity is the instinct that prompts us to act, and a book about curiosity should tell us how to live. This
is the first to do so, with its twelve rules for life.
While a fatal sin in Eden, curiosity is a necessary virtue in our world. It asks us to search for new experiences, to create, to invent. It tells us to look inward, to be curious about the needs of other people and about our own motives. It tells us not to be a stick in the mud or...
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