American politics turned hyper toxic several years ago, and ever since commentators have raised the specter of a second civil war. No other historical parallel, it seems, captures so viscerally today…

Fifty years ago, Republicans turned on President Richard Nixon. Today, most of the party continues to stand by Trump. Why the difference? A rise in partisanship.

Higher inflation has led to calls for price controls and a reexamination of the relationship between inflation and employment. History offers some helpful lessons.