Jerome Powell, Who Wildly Misjudged Inflation, Is Overwhelmingly Reconfirmed as Fed Chair
There is seldom any meaningful accountability for government incompetence.
There is seldom any meaningful accountability for government incompetence.
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.
Though the American economy still looks bleak, there are silver linings.
"We want to attract international entrepreneurs and investors and become a financial center for the country and region."
China's economic reforms were bottom-up, not top-down.
Researchers admit there are absolutely no current examples of low-energy societies providing a decent living standard for their citizens.
Even the president's most entrenched political opposition cannot seem to find much to engage or enrage.
And the global upper-middle class doubled.
The H-2B visa allows foreign workers to fill jobs that native-born Americans aren't interested in.
Federal policies are subsidizing people's choices to build homes in harm's way.
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
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.
Plus: Trump's best work was done by others, how that Carrier deal is looking four years later, and more...
Ten Global Trends Every Smart Person Should Know documents progress and explains why it happens.
The danger of the virus can’t be considered to the exclusion of the need for jobs and prosperity.
A new study finds that taxes on wealth reduce long-run GDP by 2.7 percent.
When COVID-19 arrived in America, Uncle Sam was already deep in debt.
Get ready for more pain caused by COVID-19 as well as by the policies intended to hold it in check.
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.
Unless we cause one by overreacting to Asia's changing political and economic landscape
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.
Historian Amity Shlaes on the good intentions and bad results of LBJ's war on poverty
Looking at better and worse projections.
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.
Maybe Rome needed to disintegrate before the West could grow wealthy.
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..
The president’s plan calls for modest cuts made easy by unlikely growth.
A new report shows federal budget deficits pushing past $1 trillion for the next decade.
The Breakthrough Institute's Ted Nordhaus urges Americans to reject both doomism and denialism.
Trump's trade war has harmed the very industries and workers he aimed to help.
And what predictions will we shank in 2020 and beyond?
It will help us feel grateful for our lives.
Judged by his own yardstick, the president has failed because he hasn't delivered on his promises to voters.
The consensus view that the American middle class "is dead, dying, hollowed out" is based on an "incomplete reading of the data," says economist Russ Roberts.
Good news! We’re getting more while using less.
The trade war should be thought of as a massive tax and regulatory scheme.
Plus: Lucy Steigerwald explains libertarianism to New Republic readers, Donald Trump and Al Sharpton trade Twitter barbs, nutrition science is imploding, and more...
When it comes to the health of the labor market, we don’t know the full story.
Navarro's Wall Street Journal op-ed looks more like a deliberately deceptive attempt to argue that limiting imports will boost economic growth. It won't.
Still, it's better than the administration's previous proposals to cut legal immigration in half.
"For the first time ever there are now more people in the world older than 65 than younger than 5."
Mark the 49th anniversary of Earth Day by celebrating human ingenuity.
The George Mason University economist and Marginal Revolution founder explains why a richer world is a better world.
A conservative technocrat tries to engineer a better world.
An anti-market ideologue tortures the data at The Guardian.
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