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Thursday, September 24, 2020
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Consumer debt is piling up, and that’s OK

Consumer debt is rising in the U.S., and the reaction to this news has been both heated and predictable: “Americans in record debt: It’s...

Coronavirus freaked markets, not the Fed

The U.S. equity market finally took notice of the coronavirus, which now is spreading from China to other countries and increasing the risk of...

The middle class doesn’t need more tax relief

President Donald Trump recently indicated that he would push for a middle-class tax cut sometime before the elections in November. The federal tax overhaul...

The ERA could still do some good

Since Virginia voted to ratify the Equal Rights Amendment in January, there’s been speculative talk about the future of the long-stalled constitutional amendment. The...

Put a stop to economic growth? Huge mistake

One of the more pernicious ideas now coming into vogue is that societies should voluntarily halt their economic growth. In a recent New Yorker...

What’s powering the economy? Frankly, it’s a mystery

The U.S. economy’s steady growth – the longest stretch since World War II without a recession – is something of a mystery. Last summer,...

Old folks have all the top jobs, and it’s not good...

Why so many of America’s best and brightest college graduates go into management consulting, finance or law school is a perennial question. There are...

The case against government incentives

There have been two prominent instances in recent years of governments offering huge monetary incentives in exchange for an office or factory. Both have...

The Fed did no favors for spring homebuyers

The Federal Reserve cut interest rates three times last year and pledged not to increase them absent meaningful increases in wages and inflation –...

How to nudge workers to save more for retirement

For U.S. workers covered by 401(k) plans, every January offers a new opportunity to change how much they save for retirement. So this is...

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