Economy

The collapse of Silicon Valley Bank has some policymakers considering expanding government deposit insurance to cover all deposits. Those advocating such a move…

After two worrisome months, we are finally getting some better news on the inflation front. The Personal Consumption Expenditures Price Index (PCEPI) grew…

In one of the nation’s greatest blunders, we (that is, our representatives in Congress) decided to subsidize higher education with easy-to-get loans for…

No one knows who John Cowperthwaite is. No one who is not a classical liberal that is. Among that small subset of the…

The Biden administration has floated another bloated budget, one that will put the US national debt at $43.6 trillion by 2033, assuming its…

The past three years did quite a number on my once-high optimism about the future. The eagerness and ease with which governments locked…

Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that the…

Note: An earlier version of this article appeared at Economic Forces. Anyone who has followed macroeconomic debates of the last half-century is surely…

Included in President Joe Biden’s recently released budget proposal are several tax increases, among them an increase to the top marginal income tax…

In Cleveland, OH, during his bid for the presidency, Walter Mondale blamed his opponent’s policies for turning the region into a “rust bowl.”…