I’ve been doing some media appearances on the ongoing economic stagnation. It is not an accident of history. It is an imposition by governments. Constantly changing rules and stringencies hamper economic recovery, harm especially small and medium sized business, and drive down investment and income.
Deficit-to-GDP Ratio Near World War II Levels, CBO Finds
America’s addiction to deficit spending is out of control. But Congress lacks the courage to defuse this time bomb.
What, Exactly, Are Negative Externalities?
Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum possible human satisfaction.
December Inflation Meets Expectations
The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, […]