U.S. Economy

What kind of revolution is needed to save economics as a profession?

Contrary to the common myth, labor unions mean fewer jobs and more competition among workers.

A Wall Street crisis would become a Main Street crisis without quantitative easing, or so the story began in Nov. 2008. Have you seen a recovery?

There is just no relief from the constant drum beat for more and more government intervention in the economy.

Real income and wealth growth in the United States peaked in the 1990s, and has been declining since.

Economists generally do not like high transactions costs. But they can be good when imposed on governments.

Simple, unilateral free trade is better than a trade "deal" between governments. But, some trade deals are definitely worse than others.

When we look at the federal debt as a percentage of tax revenues, the US is behind only Japan when it comes to debt loads.

Delving further into the jobs report, we see that many of the jobs that were supposedly created were jobs in government.