We need free markets especially since "Not everyone sees the world in the same way". Actual freedom in market choice and formation, could also allow time arbitrage to transform how we structure interactions with one another.
Which are the most dangerous states, and why?
Some suggestions for an updated view on immigration.
A new alliance for manufacturing.
Problems brought on by immigration can't simply be ignored.
How do property taxes impact housing allocation?
Tanzania provides examples of services-led development. But it comes with its own problems.
What made lumber "cheap" compared to other building costs?
Greg Mankiw explains why people feel bad about the economy.
Where did house prices go up the most in the last year? The least? Also, which states have the most cities with more than 250,000 residents?
What I believe: If politicians aren't willing to take the global debt crisis seriously, citizens ultimately should do so in their stead.
There's been no rebound in public school employment since the pandemic.
Scott Sumner explains why the "cost of living" is so subjective.
Ernie Tedeschi and David Beckworth discuss risks to the U.S. as a safe harbor premium. This risk "weighs on our well-being over time".
The time is drawing near that excessive debt will change everything about America's status in the world.
Private equity hospitals tend to pay the bills by skimping on human capital costs. Yet other hospitals also struggle to pay the salaries people seek. Which helps explain why systems are needed for knowledge and skill use that sustain populations without need of high monetary compensation.
Automotive sales around the world in 2023.
A focus on the medium-term target makes it simpler to adhere to the nominal stability of NGDP. Also, how might the yield curve prove useful in this strategy?
Why has progress in manufacturing productivity stagnated?
What makes income more important than wealth?
A hotter world is a less productive world.
Adam Tooze on migration in the U.S.
Greg Mankiw shares some personal beliefs regarding inflation.
Cash use continues to decline in many countries.
How have economic conditions changed for low wage workers? A new low wage index provides answers.
Advice really doesn't work very well.
"The Past, Present and Future of European Productivity"
Rising healthcare costs increasingly affect who keeps their job.
Will our world be one of abundance or zero-sum stagnation? Brink Lindsey talks with Eli Dourado.
Latin America is faced with considerable fiscal challenges.
How is J.D. Vance's economic philosophy different from the conservative past?
Supply shock inflation is likely lower than current estimates.
Which states in 2023 lost the most population?
Several states with the worst performing economies surprised me.
A monetarist approach to inflation targeting.
Low wage pay is still more prevalent than many people realize.
Desirable consumer surplus and specific industrial programs aren't the same thing.
The fiscal theory of the price level seems to promise more than it delivers.
Are there ways to reduce deaths from extreme heat?
How many seniors in the U.S. live in poverty? Much depends on how the data gets framed.
If wage growth stays elevated, so will inflation.
So far it's been a good year for staple crops.
A Manhattan Institute plan for federal budgetary solutions.
James Bullard talks with David Beckworth about current Fed monetary policy.
Training a new generation of farmers.
Demand for U.S. Treasury bonds? So far, so good.
Eliminating taxes on tips isn't quite as beneficial for employees as it sounds.
The rise and fall of Levittown.
It helps to remember that the Sahm Rule is an indicator, not a forecast.
The southward migration in the U.S. has begun to reverse. Some of this is reflected in recent active inventory.
How is Chinese economic growth associated with total factor productivity?
It's easy to forget which international commercial partners actually dominate in the U.S.
The current macroeconomic environment is about supply constraints.
Some drivers are simply refusing to buy auto insurance.
Demand for air conditioning globally continues to increase.
Christina and David Romer provide examples for successful Fed outcomes via disinflation.
It seems unusual that the U.S. missed the battery revolution.
