Economic Policy

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

Can government steer energy use decisions to improve outcomes?

Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.

It's going to take more than a 0 percent policy interest rate and a newly invented name for QE to really address years of monetary inflation. 

Rather than contributing to a "soft landing," raising interest rates will continue to destroy wealth.

Politicians, academics, and the media often call for a new Manhattan Project to deal with economic issues. But there is a huge difference between technological problems and economic ones.

The Keynesians running our economic life may be reassured that the Fed cannot fail in a technical sense, but the public should be appalled.

As the US political landscape shifts rapidly and college economics departments become increasingly hostile, the way we teach free-market economics will change.

Rent control was imposed in Stockholm to "stabilize" the housing market. Not surprisingly, "stabilization" has meant housing shortages and years-long waits for available apartments.

Paul Krugman denies that the Fed artificially suppressed interest rates. As usual, Krugman neither understands interest rates nor the effects of inflationary policies.