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Economy

  • Economy

    The Debt Limit’s Lame-Duck Test: Can Republicans Cut Spending?

    by October 22, 2026
    by October 22, 2026

    Washington’s deficit addiction is imposing severe costs on the American people. As investors demand greater compensation for holding federal debt,…

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  • Economy

    How the Federal Budget Gets Made

    by October 21, 2026
    by October 21, 2026

    Introduction Many people probably assume that Congress, like a household, sits down once a year, takes an accounting of how…

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  • Economy

    Starbucks Is Changing Course on Corporate Activism

    by October 21, 2026
    by October 21, 2026

    Shareholders of some of America’s biggest restaurant brands have been making a simple but loud argument during the past few…

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  • Economy

    Dishwashers, Dining Out, and Why We Spend the Way We Do

    by October 21, 2026
    by October 21, 2026

    Toward the end of the summer, I bought a new dishwasher after agonizing over a big-ticket purchase. My dishwasher had…

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  • Economy

    Trump’s $5,000 Offer Reveals How Washington Works

    by October 20, 2026
    by October 20, 2026

    In a speech in early September, Trump raised eyebrows with a pitch that seems outright shameless: And here is my…

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  • Economy

    The Road to Serfdom Runs Through Both Parties

    by October 20, 2026
    by October 20, 2026

    Following his deportation from the Soviet Union, Aleksandr Solzhenitsyn warned, “There always is this fallacious belief: ‘It would not be…

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  • Economy

    What Turned a Stock Market Crash into the Great Depression?

    by October 20, 2026
    by October 20, 2026

    To most Americans, October is “scary” because of Halloween. Economists recall another scary day: Black Tuesday, October 29, 1929. Over…

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  • Economy

    AI and the Knowledge Problem in Higher Ed

    by October 19, 2026
    by October 19, 2026

    A familiar bit of bureaucratic reasoning, described as “politician’s logic” in the British comedy Yes, Prime Minister, goes something like…

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  • Economy

    The S&P Is Soaring, But Two Thirds of Stocks Are Stalling.

    by October 19, 2026
    by October 19, 2026

    US equity investors have a lot to cheer of late, despite stubborn inflation, rising interest rates and financial tightening, and…

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  • Economy

    Expectations Matter. This Year’s Economics Nobel Explains Why.

    by October 16, 2026
    by October 16, 2026

    On Monday, the Royal Swedish Academy of Sciences awarded this year’s Nobel Prize in Economics to Robert Hall (Stanford University…

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