Economy

Thomas Piketty is well-known for his work on estimating income and wealth inequality. That work made him an “economics rockstar” in the eyes of the media, as he appeared to…

According to the Harvard Medical School, only the United States (since 1997) and New Zealand allow pharmaceutical manufacturers to advertise prescription-only nostrums directly to potential customers. Americans and Kiwis will…

Recently, my wife and I had occasion to shop at Trader Joe’s just before closing time. The docks to the storage level were open, and the space inside was stacked…

In my previous column, I argued that liberals’ confidence in freedom of expression is perhaps inconsistent with ready acceptance of the case for using the government to ‘control’ air pollution…

Once upon a time, academics argued over whether the government was too large or too small. I haven’t seen much of such conversations lately, even as government has blown far…

With Javier Milei’s recent victory in Argentina’s presidential election, everyone is talking about the prospect of dollarization there. Enter a curious piece in the Wall Street Journal. I find the…

Following Sunday’s election results, Javier Milei is set to become the president of Argentina on December 10. Among other things, president-elect Milei has vowed to replace the peso with the…

Here’s an easy A for politicians: To any economic problem you can name, the solution is job training and college. People are out of work from foreign competition? Taxpayers should…

There’s a scene in the 2004 film Troy where Nestor, the Greek elder and advisor to King Agamemnon, tries to temper the latter’s hatred for Achilles. “How many battles have…

The economy desk at the Wall Street Journal is promoting supply-side disinflation. Some of their articles are quite bad. Others are more promising. Nick Timiraos, the Journal’s chief economics correspondent,…