Don’t put your faith in macroeconomic statistics

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September 02, 2025

Don’t put your faith in macroeconomic statistics

How did Nigeria’s economy grow 30%? It did on paper, and to government agencies, that’s what counts. Nigeria recently revised its method for calculating GDP, which revealed a presumably uncaptured 30% increase in the size of its economy. A 30% increase in GDP, based on a model that was updated only a decade ago, is extraordinarily large. […]

FDA should follow Trump’s lead on medical ‘right to try’

The Food and Drug Administration rehired controversial Dr. Vinay Prasad as the head of the center that regulates vaccines and biotech therapies. Leading up to his firing, he made many controversial decisions, and the White House was fed up with his obstruction of the use of newly developed medicines and therapies to be used by […]

Collective bargaining for federal employees still doesn’t work

In late May, the Trump administration declared void a swath of collective-bargaining agreements with federal unions. These agreements affected employees in more than a dozen agencies, ranging from the Department of Defense to the Transportation Security Administration. The agreements had covered more than four-fifths of the federal civilian workforce, effectively tying the administration’s hands over […]

New book on homeschooling full of hard-earned wisdom

As the school year begins, many families taking their first steps into homeschooling are filled with uncertainty. Questions abound: Am I capable of teaching my children? What if they fall behind? How will I know if I’m doing this right? These worries can be overwhelming, especially for parents who never imagined themselves as educators. In […]

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