Jay Powell "sees no reason" the economy can't keep chugging along. And of course that's true until it isn't.
Labor and Wages
We are better off not needing twelve people with shovels to do the same thing as a single bulldozer. Robots are not fundamentally different from a bulldozer.
The size of new houses has shrunk since 2015. (Houses are still two-thirds larger than they were 50 years ago.) But will local governments let developers build smaller, simpler, more affordable housing?
BiographiesMoney and BanksStrategy
Taxpayers are already subsidizing public colleges nationwide. But must taxpayers also pay for students who want designer degrees at private schools?
Just because two people have the same job title, that doesn't mean they do the same thing.
Corporate WelfarePolitical Theory
Paul Krugman seems to think those who like freedom and free markets are somehow responsible for the current mess brought on by crippling government debt and an enormous federal budget.
Bureaucracy and RegulationLabor and WagesPoverty
Dollar stores are hardly the starvation-producing hellholes that the critics claim them to be. They serve their customer base well, but it is not a customer base of elite journalists and politicians.