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When all is said and done, President Trump's trade war may be fated to fail. There are many reasons why. One is that the target... [Read More]
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It's an axiom among many Americans that each future generation will live better than its predecessor. New technologies, greater efficiencies and a can-do spirit will... [Read More]
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It's an axiom among many Americans that each future generation will live better than its predecessor. [Read More]
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Let's travel back in time to 1995. Most Americans still remembered the calamitous inflation of the late 1970s (prices rose 13 percent in 1979). Many... [Read More]
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"The Federal Reserve is meant to be independent of parochial political interests. But it's got to operate — I think of this as a kind... [Read More]
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Can we make sense of ETFs? If you're in the investing class, you doubtlessly know that ETF stands for "exchange-traded fund." Along with index mutual... [Read More]
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We Americans have long been obsessed with economic growth - "prosperity" in everyday lingo. The idea that we have some sort of special aptitude for... [Read More]
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We Americans have long been obsessed with economic growth - "prosperity" in everyday lingo. The idea that we have some sort of special aptitude for... [Read More]
It's a mystery. The U.S. economy seems strong. Since the nadir of the Great Recession, employers have added about 19 million workers. The unemployment rate... [Read More]
On this July Fourth, America has taken a turn for the worst. The great delusion of Donald Trump's presidency is that we can thrive by... [Read More]
The escalating trade war between the United States and China poses crucial, though unanswerable, questions: Is this the beginning of the end of the post-World... [Read More]
The commentariat is bursting with speeches, diatribes, essays, analyses, stories and tweets about the impending collapse of the post-World War II international order. This threatens... [Read More]
The trustees for Social Security and Medicare issued their annual reports last week. This is cause for discouragement because it reminds us how much we've... [Read More]
We flatter ourselves into thinking that we live in a time of exceptional economic upheaval. The truth is that the present resembles the past. What... [Read More]
President Trump's education in global trade continues. Not long ago, he declared that trade wars "are good and easy to win." He knows better now.... [Read More]
It must be obvious to almost everyone by now that the Trump administration's trade policies, though involving less melodrama than relations with North Korea and... [Read More]
It must be obvious to almost everyone by now that the Trump administration's trade policies, though involving less melodrama than relations with North Korea and... [Read More]
Sen. Bernie Sanders, I-Vt., wants the federal government to guarantee a job for every American willing and able to work. The proposal sounds compassionate and... [Read More]
We now have a new paper from economist Robert J. Gordon of Northwestern University that seeks to answer a great puzzle of our time: "Why... [Read More]
We now have a new paper from economist Robert J. Gordon of Northwestern University that seeks to answer a great puzzle of our time: "Why... [Read More]
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