Latest GDP Numbers Aren't Calming Recession Fears
The U.S. Bureau of Economic Analysis reports that GDP grew 0.6 percent in the third quarter of 2022.
Economic Growth
The 'Experts' Were Never Going To Fix Inflation
The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.
Liz Truss Is Flailing, Politically and Economically
The British Conservative Party can’t figure out what it wants.
Drugs, Debt, and Masculinity
Plus: The editors wade into the conversation surrounding the modern dilemmas men face.
Americans Are Losing Their Work Ethic
Even reduced immigration and job openings for miles aren't luring America's ever-growing workforce dropouts back in.
What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
Facebook, Instagram Posts Flagged as False for Rejecting Biden's Recession Wordplay
"The fact-checking industry has become a partisan arbiter of political disputes," notes Phil Magness.
55% of America's Top Startups Were Founded by Immigrants. Why Won't Congress Let in More?
Without a tenable visa pathway, immigrant entrepreneurs will look to greener pastures—and the American economy will be worse for it.
The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Obi-Wan Kenobi and the Era of Cultural Stagflation
On streaming and the big screen, we're paying more for less, even as new ideas seem few and far between.
Recession 'Virtual Certainty' as Interest Rates Spike
Plus: Libertarian Party drama, how rent control hurts renters, and more...
Globalization Is Alive, Well, and Changing
America can join with more free trade or it can miss out.
Biden Says Fighting Inflation Is His Top Economic Priority. His Antitrust Policy Would Make Inflation Worse.
Attacking big firms just for being big could drive up prices.
Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed as Fed Chair
There is seldom any meaningful accountability for government incompetence.
A Global Tax Cartel Would Be as Bad as It Sounds
Several studies have found that the vast majority of costs incurred by increased corporate taxes are passed along to workers in the form of lower wages.
The Pandemic's Economic Impact Includes More Americans Starting Their Own Small Businesses
Though the American economy still looks bleak, there are silver linings.
How Erick Brimen Helped Launch a Honduran Charter City
"We want to attract international entrepreneurs and investors and become a financial center for the country and region."
Deng Xiaoping and the Communist Party Don't Deserve Credit for Chinese Economic Power
China's economic reforms were bottom-up, not top-down.
To Stop Climate Change Americans Must Cut Energy Use by 90 Percent, Live in 640 Square Feet, and Fly Only Once Every 3 Years, Says Study
Researchers admit there are absolutely no current examples of low-energy societies providing a decent living standard for their citizens.
The Stealthy Economic Radicalism of Biden's Boring Presidency
Even the president's most entrenched political opposition cannot seem to find much to engage or enrage.
The Global Middle Class Has Tripled in Size Since 2000
And the global upper-middle class doubled.
Let Immigrants Take the Jobs American Workers Don't Want
The H-2B visa allows foreign workers to fill jobs that native-born Americans aren't interested in.
When the Government Makes Wildfires Worse
Federal policies are subsidizing people's choices to build homes in harm's way.
Beware the COVID-19 Debt Hangover
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
Americans Are Starting a Staggering Number of Businesses During the COVID-19 Pandemic
In a year that will be remembered for a deadly pandemic that shut down parts of the economy and cost millions of people their jobs, here's one silver lining.
The U.S. Economy Grew by an Astonishing 33% in the Third Quarter. That's Still Not Enough To Reverse COVID-19's Damage.
Plus: Trump's best work was done by others, how that Carrier deal is looking four years later, and more...
The World Is Doing Better Than Ever. Here's Why You Never Hear About It.
Ten Global Trends Every Smart Person Should Know documents progress and explains why it happens.
The Fed Sees Lingering Economic Pain From the Pandemic and the Lockdowns
The danger of the virus can’t be considered to the exclusion of the need for jobs and prosperity.
Wealth Taxes Make Us Poorer
A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent.
Has the U.S. Government Finally Spent Too Much?
When COVID-19 arrived in America, Uncle Sam was already deep in debt.
The Pandemic's Economic Carnage Looks Worse Than Expected
Get ready for more pain caused by COVID-19 as well as by the policies intended to hold it in check.
Negative Interest Rates Will Damage an Already Crippled Economy
Some economists believe that a negative interest rate policy will stimulate the economy by reducing the cost of loans. That isn’t how it has worked in practice.
There Is No China Crisis
Unless we cause one by overreacting to Asia's changing political and economic landscape
Nearly 3.3 Million Unemployment Claims Due to Coronavirus Economic Meltdown
Much about the COVID-19 outbreak has been unprecedented and historic, but until now it's been difficult to quantify exactly how serious a blow the virus would deal to the U.S. economy.
The Not-So-Great Society
Historian Amity Shlaes on the good intentions and bad results of LBJ's war on poverty
How Badly Could the Novel Coronavirus Epidemic Whack the U.S. Economy?
Looking at better and worse projections.
Just How Good Is Trump's Economy, Anyway?
While the 2017 tax cuts didn't deliver the results promised by Trump and his magical-thinking supporters, the administration has delivered some economic expansion, some job creation, and some investment growth.
Good Riddance to the Roman Empire
Maybe Rome needed to disintegrate before the West could grow wealthy.
Trump Uses Clemency To Help Drug War Victims, Reward GOP Donors, and Spite James Comey
Plus: China boots three reporters, megacities are getting a smaller share of growth than they used to, and Dems gather to debate in Las Vegas..
Trump's Budget Plan Is an Economic Fantasy
The president’s plan calls for modest cuts made easy by unlikely growth.
Republican Deficit Hypocrisy Will Make America's Debt Problems Much Harder To Solve
A new report shows federal budget deficits pushing past $1 trillion for the next decade.
Ecomodernism Is the Solution to Man-Made Climate Change
The Breakthrough Institute's Ted Nordhaus urges Americans to reject both doomism and denialism.
Trump Campaigned on Saving Factory Jobs, but U.S. Manufacturing Just Went Through a Year-Long Recession
Trump's trade war has harmed the very industries and workers he aimed to help.
What Did Reason Get Wrong in 2019?
And what predictions will we shank in 2020 and beyond?
On Thanksgiving, Take a Moment to Focus on the Good News
It will help us feel grateful for our lives.
