Featured
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Tariffs Tanked GDP, Not Imports
Spending on imports is not included in GDP. But the impact of tariffs, which reduce imports, can be seen clearly in new GDP data.
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‘1619 Project’ is Brazen Deception in the Service of Statism
Phillip Magness’s new book debunks the political project — disguised as history — for its deliberate lies and hidden agenda.
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How Unusual Was July’s Jobs Report Revision? Here’s What My Analysis Found
Statisticians try to force complex, empirical economic realities into simplified models. Revisions based on improved data are an inevitability, not evidence of a conspiracy.
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No Return to the Old Balance Sheet, Fed’s Waller Says
One board member believes a larger balance sheet improves our systemic stability. How much is beyond the Fed’s control?
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Wall Street Isn’t Daycare: Interns Meet the Real World
Many college graduates are discovering they don’t want the high pressure or long hours that white-collar finance firms demand.
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China’s Disappearing CEOs and the Flaw of ‘State Capitalism’
For staunch anti-capitalists, “disappearing” Chinese CEOs is easier than admitting that businesses encounter failure and loss.
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Inflation Picked Up in June, as Tariffs Pass Through
June’s uptick is attributable to tariffs on foreign-made goods. The rate of inflation will stabilize, but higher prices are here to stay.
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Render Unto Caesar? Even the Pope Faces Confusion Complying with US Taxes
The ultra-complex US Tax Code creates opportunity for fraud and manipulation, while suppressing our economic potential… and stressing us out.
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Pursuit of Happiness: The Growth of a Radical Idea
The belief that people can choose their own paths, politically and economically, is pretty new. How’s it going so far?
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•
Fed Holds Rates Steady Amid Political Pressure
The Federal Open Market Committee resisted calls from President Trump and others to cut rates, apparently satisfied with employment levels and the pace of growth.
-
•
Tariffs Tanked GDP, Not Imports
Spending on imports is not included in GDP. But the impact of tariffs, which reduce imports, can be seen clearly in new GDP data.
-
•
‘1619 Project’ is Brazen Deception in the Service of Statism
Phillip Magness’s new book debunks the political project — disguised as history — for its deliberate lies and hidden agenda.
-
•
How Unusual Was July’s Jobs Report Revision? Here’s What My Analysis Found
Statisticians try to force complex, empirical economic realities into simplified models. Revisions based on improved data are an inevitability, not evidence of a conspiracy.
-
•
No Return to the Old Balance Sheet, Fed’s Waller Says
One board member believes a larger balance sheet improves our systemic stability. How much is beyond the Fed’s control?
-
•
Wall Street Isn’t Daycare: Interns Meet the Real World
Many college graduates are discovering they don’t want the high pressure or long hours that white-collar finance firms demand.
-
•
China’s Disappearing CEOs and the Flaw of ‘State Capitalism’
For staunch anti-capitalists, “disappearing” Chinese CEOs is easier than admitting that businesses encounter failure and loss.
-
•
Inflation Picked Up in June, as Tariffs Pass Through
June’s uptick is attributable to tariffs on foreign-made goods. The rate of inflation will stabilize, but higher prices are here to stay.
-
•
Render Unto Caesar? Even the Pope Faces Confusion Complying with US Taxes
The ultra-complex US Tax Code creates opportunity for fraud and manipulation, while suppressing our economic potential… and stressing us out.
-
•
Pursuit of Happiness: The Growth of a Radical Idea
The belief that people can choose their own paths, politically and economically, is pretty new. How’s it going so far?
-
•
Fed Holds Rates Steady Amid Political Pressure
The Federal Open Market Committee resisted calls from President Trump and others to cut rates, apparently satisfied with employment levels and the pace of growth.