Economy

The US Economic Recovery is Stronger Than it Looks

COVID-19 caused a sharp drop in economic activity…

Which Countries Have Been Most Successful In Controlling Inflation?

Analyzing inflation targeting in…

Should Billionaires Exist?

A look into the economics of billionaires

Is The US Debt Sustainable?

The US public debt is exploding. Is the country on a path for financial ruin?

Estimating The Economic Impact of Brexit

On June 23 2016, the United Kingdom narrowly voted in a country-wide referendum to leave…

Why Don’t We Have A 15 Hour Workweek?

In 1930, highly influential economist John Maynard Keynes made a stunning prediction:

Why Aren’t Wages Growing?

Politicians have repeatedly pointed to a lack of wage growth for the average…

It’s Time Central Banks Adopt NGDP Targeting

In recent years, NGDP targeting suddenly burst in the economic spotlight. While…

Where Is All The Inflation?

Since the onset of the 2008 recession, inflation has remained persistently low. This puzzle has some of the…