Employment
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Hidden from CPI, These Costs Are Eating Away at Real Wages
Official inflation calculations exclude taxes and asset prices. Add them in, and three decades of modest paycheck gains become losses.
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An Aging, Shrinking Population: Must a Smaller World Be Poorer?
Humanity is approaching an unprecedented demographic turn. Can productivity outrun population decline?
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AI Raises the Value of What It Can’t Replicate
From Broadway to the workplace, people pay a premium for what technology cannot reproduce. AI may make distinctly human qualities more valuable, not less.
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Business Conditions Monthly June 2026
Forward-looking indicators surged in June, even as current economic activity remained moderate and labor-market weakness complicated the outlook.
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July Inflation Rises, But Weakening Labor Complicates Fed’s Choice
The Fed is caught between cooling labor conditions and persistent demand, as nominal spending growth remains above its pre-pandemic pace.
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Professionals to ‘Labor’: Why California’s Doctors Are Unionizing
California’s unionization campaign reveals the economic and institutional shifts away from physician ownership and professional autonomy.
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What Payroll Revisions Reveal about the Economy
One disappointing number tells us little about recession risk. A sustained series of sizable downward revisions deserves more attention.
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Why Oil Keeps Getting More Abundant
Oil deposits may be finite, but human knowledge is not. Freedom, innovation, and entrepreneurship continually transform our use of resources.
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Warsh Wants the Federal Reserve to Rethink the Rules
The new chairman has long argued the Fed’s own institutional habits undermine sound money. His blueprint suggests key reforms.
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Who Gets Rich from Innovation? Evidence from Broadband Expansion on the Colville Reservation
The biggest winners from new technologies are usually the people who use them, not the people who invent them.
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•
Hidden from CPI, These Costs Are Eating Away at Real Wages
Official inflation calculations exclude taxes and asset prices. Add them in, and three decades of modest paycheck gains become losses.
-
•
An Aging, Shrinking Population: Must a Smaller World Be Poorer?
Humanity is approaching an unprecedented demographic turn. Can productivity outrun population decline?
-
•
AI Raises the Value of What It Can’t Replicate
From Broadway to the workplace, people pay a premium for what technology cannot reproduce. AI may make distinctly human qualities more valuable, not less.
-
•
Business Conditions Monthly June 2026
Forward-looking indicators surged in June, even as current economic activity remained moderate and labor-market weakness complicated the outlook.
-
•
July Inflation Rises, But Weakening Labor Complicates Fed’s Choice
The Fed is caught between cooling labor conditions and persistent demand, as nominal spending growth remains above its pre-pandemic pace.
-
•
Professionals to ‘Labor’: Why California’s Doctors Are Unionizing
California’s unionization campaign reveals the economic and institutional shifts away from physician ownership and professional autonomy.
-
•
What Payroll Revisions Reveal about the Economy
One disappointing number tells us little about recession risk. A sustained series of sizable downward revisions deserves more attention.
-
•
Why Oil Keeps Getting More Abundant
Oil deposits may be finite, but human knowledge is not. Freedom, innovation, and entrepreneurship continually transform our use of resources.
-
•
Warsh Wants the Federal Reserve to Rethink the Rules
The new chairman has long argued the Fed’s own institutional habits undermine sound money. His blueprint suggests key reforms.
-
•
Who Gets Rich from Innovation? Evidence from Broadband Expansion on the Colville Reservation
The biggest winners from new technologies are usually the people who use them, not the people who invent them.