Writing eight years ago in USA Today, I cheered: “President Trump’s proposed budget takes a big step towards draining the swamp in Washington. This is the first time since the…
Economy
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President Trump is bringing federal agencies to heel. Is the Federal Reserve next? Our nation’s central bank jealously guards its independence from politics. Given its inflation-fighting and financial stability-preserving mandates,…
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President Trump is bringing federal agencies to heel. Is the Federal Reserve next? Our nation’s central bank jealously guards its independence from politics. Given its inflation-fighting and financial stability-preserving mandates,…
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Writing eight years ago in USA Today, I cheered: “President Trump’s proposed budget takes a big step towards draining the swamp in Washington. This is the first time since the…
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At its core, economics is about making choices. We face trade-offs. If you want more of this, you must give up some of that. Non-economists often ignore the trade-offs. For…
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At its core, economics is about making choices. We face trade-offs. If you want more of this, you must give up some of that. Non-economists often ignore the trade-offs. For…
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The Federal Reserve’s monetary policy committee left the target range of its policy rate unchanged at its March meeting on Wednesday. It has remained at 4.25 percent to 4.50 percent…
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Today (Mar 19, 2025) is Match Day — the medical equivalent of the NFL Draft — when would-be medical residents are matched with sponsoring clinical programs. For thousands of America’s…
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The Trump administration’s initiative to establish a Strategic Crypto Reserve — framed as a way to promote entrepreneurship and strengthen the US position in cryptocurrency — raises significant concerns. Rather…
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In January 2025, the AIER Business Conditions Monthly indicators showed moderate economic momentum, with leading indicators moderating, coincident measures remaining solid, and lagging indicators rebounding sharply. The Leading Indicator declined…