Daily Economy
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The Fed Is Hereby Exposed as Wholly Political
If there is a bright spot to the tariff war, it’s that the Fed has definitively exposed itself as a political body, less interested in economic growth than serving the interests of power.
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When Did the Bank of England Become a Lender of Last Resort?
It happened sometime after the crisis of 1847.
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The Hidden Costs of a $15 Per Hour Minimum Wage
There are a lot of ways firms and workers can adjust to higher minimum wages without anyone actually losing his or her job.
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Like the Soviet Economy, American Higher Education Is Collapsing
The question is not if, but when and how reforms will come.
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China Is Not the Enemy
If we persist in reducing their brilliant progress to anything other than hard work being matched with freedom, we risk turning the biggest consumers of all things American against the United States. The economic consequences for the American people will be unfortunate.
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Corporate Broadband Has an Agenda; Their Lobbying Portfolio Proves It
Crony capitalism comes in different shapes and sizes, with policies like bailouts, trade barriers, tax credits, and subsidies all benefiting certain companies at the expense of their competitors.
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Is Trump’s Ultimate Goal Global Free Trade?
Trump has pontificated on trade for decades, with words that reveal him as a clichéd economic nationalist.
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The Trade War’s New Level of Bizarre
The Trump administration pulled back from the brink of disaster in trade relations with Mexico — but there is reason to doubt that this unusual display of good sense indicates a change in intellectual orientation, much less a lasting shift in policy. The man-made trade mess of the last year and a half is likely…
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The Astonishing Mess of Academic Publishing
Every step of academic publication is fraught with practices that would drive away the customer base of any other industry. Is there a better alternative?
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Soft Jobs Report Suggests Caution, Not Panic
U.S. nonfarm payrolls added 75,000 jobs in May, pulling the four-month average down to 124,000. Employment is a coincident indicator and no one knows what will happen over the next year, but the weakness over the last four months suggests caution, not panic.
-
•
The Fed Is Hereby Exposed as Wholly Political
If there is a bright spot to the tariff war, it’s that the Fed has definitively exposed itself as a political body, less interested in economic growth than serving the interests of power.
-
•
When Did the Bank of England Become a Lender of Last Resort?
It happened sometime after the crisis of 1847.
-
•
The Hidden Costs of a $15 Per Hour Minimum Wage
There are a lot of ways firms and workers can adjust to higher minimum wages without anyone actually losing his or her job.
-
•
Like the Soviet Economy, American Higher Education Is Collapsing
The question is not if, but when and how reforms will come.
-
•
China Is Not the Enemy
If we persist in reducing their brilliant progress to anything other than hard work being matched with freedom, we risk turning the biggest consumers of all things American against the United States. The economic consequences for the American people will be unfortunate.
-
•
Corporate Broadband Has an Agenda; Their Lobbying Portfolio Proves It
Crony capitalism comes in different shapes and sizes, with policies like bailouts, trade barriers, tax credits, and subsidies all benefiting certain companies at the expense of their competitors.
-
•
Is Trump’s Ultimate Goal Global Free Trade?
Trump has pontificated on trade for decades, with words that reveal him as a clichéd economic nationalist.
-
•
The Trade War’s New Level of Bizarre
The Trump administration pulled back from the brink of disaster in trade relations with Mexico — but there is reason to doubt that this unusual display of good sense indicates a change in intellectual orientation, much less a lasting shift in policy. The man-made trade mess of the last year and a half is likely…
-
•
The Astonishing Mess of Academic Publishing
Every step of academic publication is fraught with practices that would drive away the customer base of any other industry. Is there a better alternative?
-
•
Soft Jobs Report Suggests Caution, Not Panic
U.S. nonfarm payrolls added 75,000 jobs in May, pulling the four-month average down to 124,000. Employment is a coincident indicator and no one knows what will happen over the next year, but the weakness over the last four months suggests caution, not panic.