Noah Smith
E-commerce can’t be winner-take-all
Small businesses are a pillar of capitalism and of a healthy economy. They provide a path into the middle and upper-middle class for people...
U.S. can take on a lot more debt
For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
Zoning reform alone won’t make housing affordable
During the past few years, it has become clear that housing affordability is a major challenge facing the U.S. Rent is consuming an increasing...
Opinion: Burned-out millennials need careers, not just jobs
NEW YORK - At a time when lots of attention is being paid to inequality, poverty and the travails of the working class, it might...
U.S. poorer than it thinks
What does it mean to be poor? Currently there are two basic ways to define poverty. To get a better measure of who needs...
Health care still eating the economy
Health care costs are not as much in the news nowadays. A big reason might be that cost growth has slowed in recent years....
U.S.’s need for skilled immigrants isn’t going away
Skilled immigration is good. The U.S. economy depends on it. But the nation’s system for admitting educated workers needs major improvements.
That is the central...
Americans souring on economy
As Americans become more negative about the state of their society, a number of people have tried to cheer them up by reminding them...
Venture capital needs geographic diversity
The U.S. high-technology industry looks like it may be too concentrated. One sign of this is the lack of geographic diversity in the venture...
Housing is back, but the American dream isn’t?
The housing market has made a remarkable – if partial – recovery since the disaster that befell it 10 years ago. In the years...