Indiana combined lower taxes with frugality to revive a tired economy and nearly bankrupt government.
Is the current GDP growth the beginning of a new period of robust 20th-century-like growth? Or simply a one-time growth spurt that will revert to the anemic growth of recent decades?
Section 1502 of Dodd-Frank effectively stopped the flow of 3T minerals from the Democratic Republic of the Congo and reduced warlords’ income. But the story has a dark side.
Self-proclaimed democratic socialists call for an expanded and more extensive system of government entitlements.
The government meddles in the free market, with tariffs, and this leads to a problem. This generates another government intervention, the bailout, to clean up the mess generated by the first meddling.
Raising the minimum wage increases the cost of low-skilled labor. Inevitably, this reduces the amount of low-skilled labor employed.
Gas prices are rising primarily due to the strengthening global economy. The United States is in the midst of a 10-year economic expansion, and the unemployment rate is the lowest since 1970.
If President Trump’s import tariffs are as bad as economists say, why is the Trump economy so strong?
Many think that, if our debt even approaches 200 percent of GDP, our currency will lose its reserve status or our super-low interest rate will rise.
Part of economists’ useful function is to offer alternative ways of structuring incentives to attain socially desired ends.
Thank heavens Social Security has reserves. We have 16 years to fix the system, right? Think again: The reserves are part of the problem.
The problem with the economic impact studies is, they report revenue but not costs.
Both hockey coaches and investors need to accept higher volatility in trying to turn probable losses into possible wins.
The City Council of Seattle recently passed a controversial tax, and what happened next could be good news for central Indiana’s quest to snag Amazon’s second national headquarters.
The collapse of the currency is staggering. The yearly inflation rate is now over 18,000 percent.
Universities and colleges, though they are not-for-profit enterprises, in many ways act like for-profit firms
We are shocked—shocked!—that punitive politics might have played a role in the tax bill. Then again, not really.
The Aviation Empowerment Act creates a class of pilots called “personal operators” who can use flight-sharing apps without being subject to common-carrier regulations.
How big of a role do we Americans want to play in the world?
The capitalist economy is facilitating a sharing revolution in transportation that would make Karl Marx blush.