The government does not add to prosperity, upward mobility and economic security by forcing citizens to buy high-cost domestic goods instead of low-cost foreign goods.
The increase in price serves two vital functions.
The administration is grappling with the fallout of tariffs beloved by President Donald Trump that could create serious blowback for his political mandate to lower prices.
In some ways, social media platforms are unlike traditional media platforms, such as radio and television. In other ways, they are very similar.
Of course, all economic data is flawed, so the CPI statistics might be a fluke.
It’s about the bigger question: Are we actually seeing progress, or are we in a new normal?
Not raising rates, of course, enriches the banks.
Randomly determining which firms win the visas is the gold standard for what economists call a “natural experiment” on the impact of H1-B visas on economic outcomes.
The wealthiest 20% of Americans pay most of the federal income taxes.
Any organization, public or private, for-profit or charitable, that provides goods or services should, all other things being the same, do so in a way that uses fewer resources rather than more.
Some claim that cutting tax rates will increase revenue collection.
The bottom line is that while some combination of the approaches offered by both sides of the aisle likely have some merit, we should beware.
Tidings of “comfort and joy” were exchanged.
Economists call goods that go together complementary goods.
Unfortunately, some consumers have difficulty restricting their consumption of certain types of products or services.
Money facilitates wealth creation much more than a barter system ever could.
We have long advocated that the Fed firmly support its target 2% rate for U.S. inflation.
Federal Reserve Bank of Chicago President Austan Goolsbee said he supports additional interest rate cuts—although he also said it’s difficult to determine the ideal rate.
The U.S. economy is strong and should continue to grow next year, Fifth Third Bank Chief Investment Strategist Tom Jalics said at IBJ’s 2025 Economic Forecast breakfast Thursday.
Don’t attack cruxes you don’t yet have the skills to handle. Leaders also need to determine what sources of power and leverage they can use to solve the crux.
