U.S. Economy

Displaying 1 - 10 of 1350

American Households Made Economic Gains before Covid, but This Progress Can Be Lost

U.S. EconomyU.S. History

Blog02/26/2021

Before 2020, there were growing signs of increasing economic prosperity for a wide variety of income groups in America. Whether or not this prosperity survives covid lockdowns and ever higher levels of government regulations remains to be seen.

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The High Cost of Using the Minimum Wage as a Form of Welfare

Labor and WagesTaxes and SpendingU.S. Economy

Blog02/19/2021

Social activists now regard the minimum wage as another welfare program that can reduce the costs of programs like Medicaid and food stamps, and can reduce inequality. But the minimum wage is very poorly targeted for these purposes.

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The GameStop Saga Unravels Stakeholder Theory

CapitalismCoordinationU.S. EconomyPolitical Theory

Blog02/03/2021

Suddenly the champions of stakeholder theory, like the predictably despicable Washington Post, find themselves singing a new tune about vulture capitalists, deciding that hedge fund short sellers are now the good guys.

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Compared to Europe and China, America Is Still a Safe Bet

Financial MarketsU.S. Economy

Blog01/27/2021

There's a lot of excessive optimism about the economy during the next four years in America. However, the US still comes out on top when compared to Europe and China.

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The Covid Depression and "Food Insecurity"

U.S. Economy

Blog01/08/2021

Despite the welfare state, hunger is no longer a widespread problem in America. But to keep the narrative going, “hunger” officially became “food insecurity.”

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Why the US Economy Is Stronger Than the Eurozone's

U.S. Economy

Blog08/06/2020

Debt and recession in the United States are big problems. But in both cases, metrics show a better situation in the US than in the eurozone.

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Trump's Spending Is Delaying a Recovery. Biden Would Be Even Worse.

Taxes and SpendingU.S. Economy

Blog07/31/2020

Debt matters, even if interest rates are low. Increasing debt and spending means lower growth and weaker real wages in the future.

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A Never-Ending Story of Bailouts, Moral Hazard, and Low Economic Growth

Cronyism and CorporatismU.S. EconomyU.S. History

Blog06/25/2020

The history of bailouts in the United States is a record of broken promises and growing moral hazard.

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Some Conservatives Want Americans to Abandon Classical Liberalism. Don't Listen to Them.

U.S. Economy

Blog06/19/2020

Some conservatives increasingly reject America's well-established classical liberal traditions of laissez-faire and free choice. These conservatives insist that we need a strong state to "make America great again." They're wrong.

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The End of Civilization?

Global EconomyU.S. Economy

Even if the COVOID-19 virus turns out to be more severe than the skeptics give us reason to think it is, we can get through it. We cannot survive the end of the division of labor. It would be the finish of civilization as we know it.

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