Peter Morici

Building taller cities to cope with climate change is less costly than the Green New Deal

Humans are unique in our ability to change the environment and unlock the secrets of nature. Erecting shelters, building aqueducts and mining the Earth, we moved from the temperate plains of Africa and caves of Chauvet-Pont d'Arc to harness agriculture, establish great cities and create technological wonders. Fossil fuels accelerated the ascent of man but according to the architects of the 2016 Paris Agreement, we must curb our appetite or global warming will make uninhabitable vast settlements.

April 2, 2019

Global appetite for dollars permits the U.S. to run the printing presses, but it’s not unlimited

The bounty of oil has made many developing countries initially rich but undemocratic and corrupt, and now the growing global reliance on the dollar threatens the same for America.

March 26, 2019

Beyond the admissions scandal: $1.6 trillion in student debt slows the economy

The college admissions scandal lays bare the true weaknesses in American higher education — its obsession with athletics and liberal prejudices that subvert academic standards.

March 19, 2019

Why America should go cashless

Most folks purchasing a Curry Chickpea Bowl at Sweetgreen or a Nora Roberts novel at an Amazon brick-and-mortar store reflexively pay with a credit or debit card or an app -- they might be surprised if they try a 20-dollar bill.

March 14, 2019

Trump should call out Congress to boost the economy

President Trump's economy has been good so far, but to sustain the momentum and raise his re-election prospects he should champion policies that many Republican or Democratic members of Congress don't like, are inclined to obstruct but could be persuaded to accept.

March 11, 2019