Economic Analysis

While average inflation targeting has some theoretical advantages, the move is easily seen as nothing more than a fig leaf for the Fed to increase its own discretion.

In an election, there is only one winner; those in the minority are just out of luck. Private markets, however, are very good at providing divisible consumption goods.

Some third-party partisans in swing states are offering to exchange their vote for the votes of two-party partisans in non-swing states.

Economists pretty much across the board argue that a nation’s trade balance is a byproduct of its investment opportunities and proclivity to save.

Academic research finds that selective tax incentives do not increase overall employment or business investment.

Let’s offer any household that moves to Indiana in 2020 or 2021 and earns $1 million or more, a zero tax rate on their income above $1 million for two years.

By 2023, the national debt is projected to be 107% of gross domestic product, which will be the highest in the nation’s history.

We think “Wheel of Fortune” and “Jeopardy,” two uniquely American shows, give insights into at least three American sensibilities.

The Federal Reserve Bank of St. Louis’ has reported the U.S. household savings rate at 26% for the second quarter of 2020, nearly three times the post-WWII average of 9%.

Few fallacies are repeated more often than the myth that massive government stimulus packages are necessary to sustain the economy during a recession.

Our classes will combine in-classroom student interaction with major online components.

The Hong Kong freedom movement deserves our support and sympathy.

We did NOT suffer a shrinkage in GDP of 32.9% between the first and second quarters of 2020—more like a 9.5% shrinkage.

Eliminating federal assistance leaves the involuntarily unemployed reliant on state programs, which provide an average of only $350 a week. Who wants to see millions of Americans stuck in such dire financial straits?

On July 1, Beijing unilaterally imposed new rules that allow it to quash dissent in Hong Kong as the government does elsewhere in China.

The Fed has overstepped its bounds and embarked upon a form of market socialism that is detrimental to the long-run health of the economy

One overwhelming statistical fact is that deaths attributable to the COVID-19 virus are age-related.

It is time to end qualified immunity, the judicial policy that shields police officers from the legal consequences of violating the constitutional rights of citizens.