A constant debate in every Macroeconomics class since at least 1975 is, to what extent can or should the Federal Reserve provide policy certainty?
But northern Indianapolis suburbs have been scoring rather well in several recent rankings.
tariffs aren’t really about fair trade; they’re all about fixing the market for domestic firms at the expense of the rest of us.
They neither reshape consumer behavior to the desired ends nor provide a stable revenue source for local governments.
Congress has “pivoted” from health care to taxes. This means we’re doomed to much high-sounding rhetoric about “fairness.”
One commentator goes so far as to claim index funds are “worse than Marxism.”
Prices are how resources are directed to their highest valued uses. A higher price says both “use less” and “we want more.”
In a free market, government plays a vital role in enforcing laws against violence, fraud and theft, and in resolving contract disputes.
One service the NCAA provides for its members is to rig the market for student athletes
The alt-right views white Europeans as socio-political—and economic—victims, and calls for a strong dose of white nationalism and anti-Semitism.
In 21st century Indiana, is there any limit to what government can do as long as “economic development” is the justification?
The subsidy says we want cheaper solar costs to encourage more solar projects. Tariffs on cheaper imported cells and panels say we want higher-cost solar projects.
No corporation ever paid a dime in taxes. People, in some capacity, pay all taxes.
Forcing steel-using firms to substitute high-cost U.S. steel for low-cost foreign imports makes those businesses less competitive.
Ever since the dawn of the Industrial Revolution, we’ve been substituting machine power for muscle power. The main consequence has been that life has gotten better.
Purdue University’s purchase of online college Kaplan University should be considered in the context of at least two economic principles: composite goods and division of labor.
No myth causes more mischief than the fiction of the “Social Security Trust Fund.
Venezuelans aren’t eating high on the hog. Common people aren’t eating much hog—or anything else.
CBO doesn’t look beyond immediate, first-order consequences of legislation.
Sometime in early autumn, the U.S. Treasury will run out of cash and once again beg Congress to raise the debt limit.