Featured
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A Government Shutdown Is Less Scary Than Dysfunction-As-Usual
Shutdowns get the spotlight, but the greater failure is Congress’s reliance on stopgap spending bills that cripple planning and invite waste.
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The Fed Cuts, but the Market Shrugs: Why Mortgage Rates Refuse to Fall
The Fed can lower the funds rate, but only Congress can rein in the spending that keeps long-term yields — and mortgage rates — stubbornly high.
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The 2025 Nobel in Economics and the Roots of Enduring Growth
As policymakers around the world grapple with slow productivity growth and rising populism, they would do well to revisit the insights of these laureates.
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The Pandemic That Broke Our Faith in Modeling
David Zweig’s reporting exposes how untested models and assumptions hardened into dogma, with reality a distant afterthought.
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What Hamburger Helper Knows and GDP Misses
Individual behavior — like millions of decisions about what to have for dinner — is often a better economic indicator than fancy government reports.
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Universal Childcare: Real Problem, Wrong Solution
New Mexico’s universal childcare experiment will likely worsen shortages and raise costs. Families will pay – if they can get care at all.
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Argentina’s Least-Competitive Sectors Fight Market Reforms
Javier Milei has slashed inflation and deregulated markets — but entrenched interests and old powers are fighting back.
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How Not to Run a Household — or a Country
What if Donald Trump ran Mar-a-Lago’s economic affairs in the same way that he’s trying to run America’s? Let’s take a look.
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How Self-Interest Civilizes Politics
Like the market version, the invisible hand of politics depends less on individual virtue and more on institutions and incentives.
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FDR and the Quashing of Free Radio
Roosevelt used regulation and licensing to control dissenting voices on the radio. Our freedom of speech has never recovered.
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•
A Government Shutdown Is Less Scary Than Dysfunction-As-Usual
Shutdowns get the spotlight, but the greater failure is Congress’s reliance on stopgap spending bills that cripple planning and invite waste.
-
•
The Fed Cuts, but the Market Shrugs: Why Mortgage Rates Refuse to Fall
The Fed can lower the funds rate, but only Congress can rein in the spending that keeps long-term yields — and mortgage rates — stubbornly high.
-
•
The 2025 Nobel in Economics and the Roots of Enduring Growth
As policymakers around the world grapple with slow productivity growth and rising populism, they would do well to revisit the insights of these laureates.
-
•
The Pandemic That Broke Our Faith in Modeling
David Zweig’s reporting exposes how untested models and assumptions hardened into dogma, with reality a distant afterthought.
-
•
What Hamburger Helper Knows and GDP Misses
Individual behavior — like millions of decisions about what to have for dinner — is often a better economic indicator than fancy government reports.
-
•
Universal Childcare: Real Problem, Wrong Solution
New Mexico’s universal childcare experiment will likely worsen shortages and raise costs. Families will pay – if they can get care at all.
-
•
Argentina’s Least-Competitive Sectors Fight Market Reforms
Javier Milei has slashed inflation and deregulated markets — but entrenched interests and old powers are fighting back.
-
•
How Not to Run a Household — or a Country
What if Donald Trump ran Mar-a-Lago’s economic affairs in the same way that he’s trying to run America’s? Let’s take a look.
-
•
How Self-Interest Civilizes Politics
Like the market version, the invisible hand of politics depends less on individual virtue and more on institutions and incentives.
-
•
FDR and the Quashing of Free Radio
Roosevelt used regulation and licensing to control dissenting voices on the radio. Our freedom of speech has never recovered.