Uncategorized
Trump’s NAFTA Deal Explained
President Donald Trump has long derided the North American Free Trade Agreement (NAFTA) as a terrible deal. Campaigning for President he vowed to scrap,...
Uncategorized
Trump’s NAFTA Agreement with Mexico Explained
President Donald Trump on Monday trumpeted an agreement with Mexico on trade that he believes rights some of the wrongs of the North American...
Uncategorized
The Family Separation Controversy Explained
The separation of families at the Southern border has sparked furious outrage in recent days. The chainlink cages and creepy big box stores converted...
Uncategorized
Why Demands for “Reciprocal” Trade Defy Basic Economics
By Scott Lincicome, orginally published by the Cato at Liberty Blog as "'Reciprocal' Trade Demands Defy Basic Economics and Common Sense." Republished with permission...
Uncategorized
Why Didn’t the Fed’s Quantitative Easing Program Cause Massive Inflation?
In normal times, the Fed responds to economic downturns by lowering its federal funds rate target. This is the rate banks charge each other...
Uncategorized
How Washington Keeps Piling on Debt
It’s been nearly 20 years since the last time the U.S. government managed to not spend more than it brought in. No one in...
Recent Articles
Did NASA Find Evidence of Life on Mars in 1976?
A NASA experiment suggested life on Mars in 1976. However, the failure of other instruments to detect organic material and possible non-biological explanations for...
Joe Biden and Ukraine Explained
It is now becoming increasingly clear that President Donald Trump threatened Ukraine’s President Volodymyr Zelensky with the loss of military aid unless Ukraine pursued...
Is a Recession Coming? (with Neil Irwin)
Signs of Recession?
The U.S. economy is entering the longest expansion in history. But, how long can it last? The economic turmoil and relentless uncertainty...
Unintended Consequences: How Tariffs Explain Lagging Business Investment
Despite a tax cut that strongly incentivized business investment, recent economic data suggests companies are not spending significantly more on new equipment. Fear of...
What to Make of Mueller’s Testimony
Robert Mueller arrived on Capitol Hill Wednesday in the uniform that has been a trademark throughout his career - dark suit, white shirt, blue...