Refuse child tax credit to adults who won’t work
With Republicans and Democrats holding slim majorities in the House and Senate, budget negotiations will involve a lot of horse-trading. Published January 31, 2023
With Republicans and Democrats holding slim majorities in the House and Senate, budget negotiations will involve a lot of horse-trading. Published January 31, 2023
These days an economist can't cross the street without being asked if a recession is coming. The answer depends on how much inflation we are willing to tolerate. Published January 24, 2023
The World Trade Organization is failing in its mission. Published January 17, 2023
During the Cold War and its aftermath, U.S. security policy has been premised on defensive alliances -- NATO and similar arrangements in the Middle East and Asia. Published January 10, 2023
Holiday parties were tough for economists. Published January 3, 2023
Ever since the wheel, Luddites have warned that new technologies spell doom. Published December 27, 2022
The Republican House now must offer a governing agenda, and with a Democratic Senate, that's no easy task. Published December 20, 2022
Humanity is at risk of multiple Armageddons. Published December 13, 2022
The war in Ukraine is teaching the West some hard lessons about globalization, multilateralism and authoritarian states. Published December 6, 2022
The Federal Reserve should do more, say less and be more modest. Published November 29, 2022
We've had our midterm elections and despite President Biden's alarmism, our democracy proved robust. Published November 23, 2022
The Federal Reserve's quick raising of interest rates is disrupting stock and bond markets, and multiplying default risks for corporate and developing country debt. Published November 15, 2022
Prime Minister Rishi Sunak may give financial markets what they want -- spending cuts to slash the government deficit -- but not what Britons need -- a path to growth and prosperity. Published November 8, 2022
The midterm elections highlight Americans' frustrations with inflation and the general direction of the country -- with major factions wanting quite different new destinations. Published November 1, 2022
Joe Biden fancies himself a transformational president like FDR but behaves like a throwback from big-city political machines. Published October 25, 2022
Federal Reserve Chairman Jerome Powell and Bank of England Gov. Andrew Bailey are burdened by stubborn inflation and national governments either too woke or unimaginatively conservative. Published October 18, 2022
Federal Reserve Chairman Jerome Powell has gone to considerable effort to convince observers that he will raise interest rates as much and as long as necessary and risk a recession to bring inflation under control. Published October 11, 2022
The midterm elections are quickly becoming a tragedy of lost opportunity for the Republicans in a year that was ripe for huge gains. Published October 4, 2022
The Federal Reserve is not doing enough to fight inflation. Published September 27, 2022
Presidents Joe Biden and Donald Trump would not be the most attractive choices for 2024. Published September 20, 2022