The Myth That Drives Private Equity
The economy runs on narratives. Those supportive of the status quo offer narratives – stories, essentially – about the benefits of existing arrangements. If those narratives are…
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The Fed’s Obsession with Phantom Inflation Might Destroy a Strong Economy
Will Rogers famously advised, “If you want to get out of a hole, stop digging!” Tragically, the Federal Reserve’s Board of Governors and its chair, Jay Powell,…
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What Climate Change Has to do With The Looming UPS Union Strike
This story was supported by the Pulitzer Center. These days, UPS driver Barkley Wimpee prepares for his daily route out of Rome, Ga., with the precision of…
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Sanctions Could Increase Moscow’s Dependence on China
Punitive sanctions incurred by President Vladimir Putin’s invasion of Ukraine are leaving Russia economically isolated. Speaking on Feb. 24, the day of the incursion, U.S. president Joe…
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Tesla Sales Fall Short of Estimates as Stronger Dollar Bites
Tesla Inc. reported third-quarter sales that fell short of Wall Street estimates, citing the US dollar’s growing strength, along with production and delivery bottlenecks. Revenue rose to…
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