Paul Mueller explains how the regulatory environment and economy changes with the end of the Chevron Doctrine.
The explainer defines central bank independence, describes its theoretical desirability, and reviews classic and contemporary studies on how central bank independence affects key macroeconomic variables.
In this Explainer, we’ll seek to understand what tariffs are, who gets to set them, and under what conditions.
How do property taxes work in the United States, and what are their economic consequences?
Free trade and free markets promote sound money, as countries compete for business and investment.
Research Fellow Thomas Savidge digs into tax data to answer a frequently echoed question.
This explainer offers a comprehensive analysis of the minimum wage, exploring its history, mechanics, intended goals, and real-world economic impact.
This Explainer will cover where the government takes revenue from, how it spends those dollars, how it prioritizes spending, and what’s projected for the future.
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.
Prior to 1976, the United States experienced modest trade surpluses. Since then, the US has seen nothing but trade deficits.
In the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention.
We face a mixed picture for the recovery of competitive federalism.