When Will EJ Antoni End His Recession Call?
EJ Antoni concludes we’re in a recession, and elsewhere, have been since 2022. On the other hand, he argues (rightly) that we shouldn’t...
Adam Smith on Those Who Wish to Dominate Others
One of my long-ago professors–not an economist, and not a political conservative– sometimes said that Adam Smith was just flat out deeper and...
Three Questions on the US Safety Net
Here are three main often-asked questions about the US safety net:
1) If your goal is to expand the social safety net, are you...
Will the Next Generation Be Better Off? International Pessimism
In the US economy, since the modern pattern of economic growth started back in the early 19th century, average annual growth has been...
Mistaken Identities: The International Trade Version
It is common in current US political discourse to hear it asserted, as an incontrovertible truth, that the US economy is smaller because...
Snapshots about the Federal Workforce
I saw some mention that there has been a sharp rise in federal civilian employment in 2023 and 2024. When I tracked down...
Private Credit: Replacing Banks for Business Loans?
In discussions of how businesses borrow money, there used to be essentially two choice: firms could either issue bonds or borrow through banks....