What a week! Before being accused of Trumpcheerleading, the elephant in the room must be acknowledged: the Federal Reserve, its role in the inevitable boom-bust cycle, and Trump’s evolving stance on tariffs.

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What a week! Before being accused of Trumpcheerleading, the elephant in the room must be acknowledged: the Federal Reserve, its role in the inevitable boom-bust cycle, and Trump’s evolving stance on tariffs.
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The great free-market classical liberal William Leggett believed that Americans do not need politicians telling us on which days Americans ought to be thankful.
The biggest mistake America has ever made since the nation’s founding was the conversion of the federal government from a limited-government republic to a...