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  • Economy

    Dallas Fed President: It’s Time to Replace the Fed’s Interest Rate Target

    by December 22, 2025
    by December 22, 2025

    Dallas Fed President Lorie Logan recently proposed ditching the federal funds rate target as the Fed’s main policy tool. Her…

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  • Economy

    Business Conditions Monthly: October Showed Slowing Inflation, Waning Momentum

    by December 21, 2025
    by December 21, 2025

    As this report goes to press, 14 of the 24 components of the Business Conditions Monthly lack published data beginning…

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  • Economy

    Inflation Retreats from Late-Summer Highs, Nears Fed Target

    by December 19, 2025
    by December 19, 2025

    Inflation was lower than expected in November, the Bureau of Labor Statistics (BLS) reported yesterday, in the first official inflation…

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  • Economy

    Stop Fixating on CEO Pay Ratios and Start Fixing Labor Markets

    by December 19, 2025
    by December 19, 2025

    Every few months a headline or social media post circulates declaring that a corporate leader earns hundreds or even thousands…

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  • Economy

    AIER’s Everyday Price Index: Modest Deflation After Ten Months of Gains

    by December 18, 2025
    by December 18, 2025

    Note: The October-November readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional…

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  • Economy

    Breakneck: Dan Wang Explores the Strange Symmetry of US and China

    by December 18, 2025
    by December 18, 2025

    The title of Dan Wang’s book Breakneck focuses on the People’s Republic of China (PRC) specifically, but it is really…

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  • Economy

    The UK Becomes a Case Study in How Not to Fix a Floundering Economy

    by December 18, 2025
    by December 18, 2025

    In its manifesto for the 2024 general election, Britain’s Labour party listed “Five Missions to Rebuild Britain,” the first being:…

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  • Economy

    Keeping the Towers Open When Government Closes

    by December 17, 2025
    by December 17, 2025

    On most days, America’s air traffic control system is invisible. The radar screens flicker, the controllers thread needles as planes…

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  • Economy

    The Return of Quantitative Easing 

    by December 17, 2025
    by December 17, 2025

    December 2025 marks the official end of the largest cycle of quantitative tightening the Federal Reserve has ever undertaken. From…

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  • Economy

    The Fed Cut Rates Again–What Else Is New?

    by December 16, 2025
    by December 16, 2025

    The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5…

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