Economics
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Fed Holds Rates Steady Amid Political Pressure
Despite mounting pressure from President Trump to cut rates, the Federal Open Market Committee (FOMC) voted yesterday to hold the…
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Liberal Heritage and ‘Political Philosophy: The Basics’
Political Philosophy: The Basics, by Bas van der Vossen, published in October 2024 by Routledge, is an accessible introduction to…
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Liberal Heritage and ‘Political Philosophy: The Basics’
Political Philosophy: The Basics, by Bas van der Vossen, published in October 2024 by Routledge, is an accessible introduction to…
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IOUs to Inflation: The Realistic Limits of Magic Money Theory
Recently, a couple of advocates of Modern Monetary Theory (MMT) wrote in The Hill about “Why we should stop worrying…
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IOUs to Inflation: The Realistic Limits of Magic Money Theory
Recently, a couple of advocates of Modern Monetary Theory (MMT) wrote in The Hill about “Why we should stop worrying…
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When Doing Nothing Is Doing Harm: Powell’s Misstep on Tariffs and the Neutral Rate
When asked last month at the European Central Bank’s annual forum in Portugal whether the Fed would have cut interest…
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When Doing Nothing Is Doing Harm: Powell’s Misstep on Tariffs and the Neutral Rate
When asked last month at the European Central Bank’s annual forum in Portugal whether the Fed would have cut interest…
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Europe’s Precautionary Principle Is Killing the Next Big Thing
A few centuries ago, Europe was the beating heart of global innovation. From the Enlightenment’s embrace of reason to the…
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Europe’s Precautionary Principle Is Killing the Next Big Thing
A few centuries ago, Europe was the beating heart of global innovation. From the Enlightenment’s embrace of reason to the…
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Trump’s AI Plan Aims High, But Leaves a Gaping Hole
We’ve seen this before: fear, overregulation, and political hubris at the dawn of an economic breakthrough. Will we learn from…
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