U.S. Economy

Paul Krugman is at it again, this time calling for price caps in California as a way of solving the energy problem. How can an economist think such things?

Even before the recent rate cuts, Greenspan had opened the monetary spigots, in a duplication of the policy error that led to the artificial boom. William Anderson explains.

In choosing whether tax cuts should be big or small, will the U.S. follow the path of Germany's Ludwig Erhard or of the socialists in Britain? Gregory Bresiger explains what's at issue.

If millions of mutual investors should stampede out of their holdings, would they cause a "mutual fund death spiral"? Under the Investment Company Act, the SEC is authorized to suspend the redemption obligation.

Bush's tax cut proposal is way too modest. Here's James Ostrowski's plan for a $21 trillion tax cut. It would not only get the economy going; it would restore a free market.

For a decade, calls for easy money and cheap credit were subdued. But now that hard times are upon us again, guess what? Martin Masse explains.

There was a time when the word reform described a process of renewal, of change, and of taking new steps towards correcting a problem. With the rise of campaign finance reform, that is no longer the case.

In a free market, it is wholly unwarranted. Brad Edmonds considers three cases.

He has succeeded in misleading almost everyone into accepting a bizarre and idiosyncratic view of the business cycle, writes Joseph Salerno.

Socialists like Bernie Sanders are pushing rebates as a substitute for tax cuts. William Anderson explains that the idea is morally and economically bankrupt.