Economic Analysis

Of course, all economic data is flawed, so the CPI statistics might be a fluke.

Not raising rates, of course, enriches the banks.

Randomly determining which firms win the visas is the gold standard for what economists call a “natural experiment” on the impact of H1-B visas on economic outcomes.

The wealthiest 20% of Americans pay most of the federal income taxes.

Any organization, public or private, for-profit or charitable, that provides goods or services should, all other things being the same, do so in a way that uses fewer resources rather than more.

Some claim that cutting tax rates will increase revenue collection.

The bottom line is that while some combination of the approaches offered by both sides of the aisle likely have some merit, we should beware.

Tidings of “comfort and joy” were exchanged.

Economists call goods that go together complementary goods.

Unfortunately, some consumers have difficulty restricting their consumption of certain types of products or services.

We have long advocated that the Fed firmly support its target 2% rate for U.S. inflation.

Don’t attack cruxes you don’t yet have the skills to handle. Leaders also need to determine what sources of power and leverage they can use to solve the crux.

If two parties envision a gain from cooperation, they should first agree on the precise magnitude of that gain.

Fewer people in the working-age population and more older Americans mean that U.S. taxpayers may be unable to afford future Social Security benefits increases.

One reason many American workers were worse off was because Chinese labor filled market niches that made American workers more productive.