Category Archives: Finance
Why Biden’s Good Economic News Hasn’t Helped Him Politically —…
Americans’ negative views about President Joe Biden’s stewardship of the economy may be the biggest challenge to his reelection. Despite…Continue reading
More Encouraging News on Inflation Means the Fed Should Pause…
The Biden administration has pulled off a remarkable two-step—at once, beating inflation while expanding employment. In both cases, policy decisions…Continue reading
What Really Happened to Silicon Valley Bank
If you thought Big Finance and its regulators learned prudence and humility from the financial crisis, the past week's events…Continue reading
Hey, Folks, We’re Not in a Recession
Rules of thumb are often misleading. Biden administration critics have seized on an axiom that two consecutive quarters of negative…Continue reading
The Truth About Today’s Inflation
The conventional wisdom about inflation needs a course correction. Here's why: The Bureau of Labor Statistics reports that the wages…Continue reading
A Case Study of the Costs of Rate Reregulation: America’s…
The railroad industry can give us some singular insights into the conditions, costs and benefits of economic regulation, and today’s…Continue reading
Conventional Wisdom is Wrong: Americans Are Better Off Even AFTER…
According to conventional wisdom, inflation has left most Americans poorer. It’s an odd view, given that the number of people…Continue reading
Americans Should Celebrate the Best Jobs Market in Generations
Last Sunday on Meet the Press, James Carville offered Democrats good advice: “Quit being a whiny party and get out…Continue reading
Why Your Mail Now Comes So Late
The frustrating deterioration in on-time mail delivery has become part of the ugly partisan brawls that animate Washington these days. …Continue reading
Post-Pandemic, a Strong Expansion Needs Less Personal Saving or More…
For two generations, economists and other custodians of financial propriety have chastised Americans for not saving enough. Getting the public…Continue reading