John H. Cochrane: “Eliminating tax exemptions is a tax increase.”

A central bank in a democracy is not an all-purpose do-good agency to subsidize what it decides to be worthy.

We are facing a real debt crisis, a very real debt crisis.

You cannot have spending increase at 6 percent a year while the economy is growing at 2 and 3 percent a year.

Proposals that the Federal Reserve enforce a mandate that financial institutions evaluate climate 'risks' represent a blatant effort to distort the allocation of capital away from economic sectors disfavored by certain political interest…