so long ago, during the age of Milton Friedman, the chief concern of monetary policy was inflation. The Federal Reserve’s job was seen as a balancing act: Too low a money supply would slow spending, and too much would erode purchasing power. Of course, given the inoculation of monetary economists against anything resembling deflation, we really only worried about erring in the other direction. Good monetary policy meant open-market operations to keep the money supply on a predictable path, which gives markets a stable foundation for short-term and long-term contracting, facilitating...…so long ago, during the age of Milton Friedman, the chief concern of monetary policy was inflation. The Federal Reserve’s job was seen as a balancing act: Too low a money supply would slow spending, and too much would erode purchasing power. Of course, given the inoculation of monetary economists against anything resembling deflation, we really only worried about erring in the other direction. Good monetary policy meant open-market operations to keep the money supply on a predictable path, which gives markets a stable foundation for short-term and long-term contracting, facilitating...WW…

1:31 AM on Feb 7, 2021 CSTThe American right has been a coalition of libertarians and traditionalists, united against the common foe of a domineering and unaccountable government. Now the ties that bind are fraying. In the aftermath of the 2020 election, there is a real chance they could be severed entirely.Rather than exhibiting self-reflection and admitting their role in allowing Trumpism to take over their party, some Republicans are instead blaming libertarians for their electoral defeat. But the libertarian rejection of Trump is not about one man. It is about the direction of American...…1:31 AM on Feb 7, 2021 CSTThe American right has been a coalition of libertarians and traditionalists, united against the common foe of a domineering and unaccountable government. Now the ties that bind are fraying. In the aftermath of the 2020 election, there is a real chance they could be severed entirely.Rather than exhibiting self-reflection and admitting their role in allowing Trumpism to take over their party, some Republicans are instead blaming libertarians for their electoral defeat. But the libertarian rejection of Trump is not about one man. It is about the direction of American...WW…

by Alexander William Salter, opinion contributor - 09/10/20 4:00 PM ETThe views expressed by contributors are their own and not the view of The Hill✕NASA’s Space Launch System (SLS), its  rocket, is having an ignition trouble, and the issue is money. Concerns over the cost of SLS show the importance of letting for-profit companies lead the way to the final frontier.“The new development baseline cost for SLS is $9.1 billion, and the commitment for the initial ground systems capability to support the mission is now $2.4 billion,” Kathy Lueders, head of NASA’s human spaceflight program,...…by Alexander William Salter, opinion contributor - 09/10/20 4:00 PM ETThe views expressed by contributors are their own and not the view of The Hill✕NASA’s Space Launch System (SLS), its  rocket, is having an ignition trouble, and the issue is money. Concerns over the cost of SLS show the importance of letting for-profit companies lead the way to the final frontier.“The new development baseline cost for SLS is $9.1 billion, and the commitment for the initial ground systems capability to support the mission is now $2.4 billion,” Kathy Lueders, head of NASA’s human spaceflight program,...WW…