Economics
A Government Shutdown Is Less Scary Than Its…
Government is presently “shut down” for failure of Congress to pass a budget for the start of the…
The Fed Cuts, but the Market Shrugs: Why Mortgage Rates…
I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much…
Stop the UN Global Climate Tax on American Ships
Later this week the United Nations will hold a vote on a multibillion-dollar climate change tax…
The 2025 Nobel in Economics and the Roots of Enduring…
This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation,…
The Pandemic That Broke Our Faith in Modeling
Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable…
What Hamburger Helper Knows and GDP Misses
By every official measure, the economy seems to be doing well. Personal income, disposable income,…
Universal Childcare: Real Problem, Wrong Solution
Governor Michelle Lujan Grisham announced in September that New Mexico will become the first state…
Argentina’s Least-Competitive Sectors Fight Market…
Almost two years ago, the enthusiasm of the 56 percent of Argentine voters who called for “Freedom”…
How Not to Run a Household — or a Country
Donald and Melania Trump are eating breakfast together at Mar-a-Lago on the morning of January 21,…
How Self-Interest Civilizes Politics
Why do people vote, protest, or boycott, when their individual actions almost never change political…
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