When Will EJ Antoni End His Recession Call?

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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

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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

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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

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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

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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

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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?

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In discussions of how businesses borrow money, there used to be essentially two choice: firms could either issue bonds or borrow through banks....

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