Biden’s Inflationary ‘Rescue’ of the Middle Class
The president’s agenda could end up costing American workers more than they receive in benefits.
The U.S. Can Help Venezuelans Escape Hyperinflation
The Biden administration should make it easier for Venezuelans to open U.S. bank accounts and access dollars.
The Next Inflation Wild Card for the Fed: Housing
The extent to which inflation is ‘transitory’ could come down to whether recent housing-price surges translate into increases in rent and housing services.
Echoes of the 1970s and Why It’s Time to Watch Free to Choose Again
It’s time to remember the legacy of the famous 1980 series amid a rising inflation and growing government déjà vu.
Financial-Transactions Tax: An Idea Whose Time Has Passed
A U.S. financial-transactions tax would decrease liquidity, increase volatility, and hurt retail investors.
Remembering Robert Mundell
Mundell left an indelible mark on the field of international economics.
Treat Money-Market Funds Like Banks
The COVID-19 market meltdown highlights the risks of prime-money-market funds.
For Bond Yields It’s Mostly the Reopening Economy (Not Inflation) for Now
While there are certainly inflationary risks on the horizon, it would be a mistake for the Fed to act prematurely.
Corporations Shouldn’t Follow Tesla’s Lead in Adding Bitcoin to Its Balance Sheet
It seems like Elon Musk is now adjoining two of the most significant bubbles in recent years (Bitcoin and Tesla).
The Hidden Costs of Biden’s $15 Minimum Wage
A new CBO report highlights the fiscal impact of Biden’s proposed minimum-wage hike.