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The paper evaluates alternative frameworks and argues that the Fed should adopt either a nominal spending target or a symmetrical average inflation target.

What would a world ruled by economists look like? Paul Krugman thinks that in such a world, there would be no need for the World Trade Organization, because all countries would understand that trade is mutually beneficial.…

What would a world ruled by economists look like? Paul Krugman thinks that in such a world, there would be no need for the World Trade Organization, because all countries

Despite being a proud member of the University of Virginia School of Law Class of 1992, I’m an economist, not a lawyer. Yet had I chosen upon receipt of my JD degree to “do law” rather than return to teaching economics, I…

Despite being a proud member of the University of Virginia School of Law Class of 1992, I’m an economist, not a lawyer. Yet had I chosen upon receipt of my

The recent weakness in the US dollar has reignited the debate over the durability of the dollar’s dominance in global finance. Over the first half of the year, the Bloomberg Dollar Index has fallen nearly 8.5 percent, marking…

The recent weakness in the US dollar has reignited the debate over the durability of the dollar’s dominance in global finance. Over the first half of the year, the Bloomberg

The Techno-Industrial Policy Playbook, published by American Compass, The Foundation for American Innovation, The Institute for Progress, and New American Industrial Alliance (NAIA) Foundation, is being sold as a bold new…