Departures From Free-Markets Aren't New
Recently, due to deals President Trump is making, some are saying the United States has embarked on a version of Chinese-style “state capitalism” – directly entangling markets and government.
Recently, due to deals President Trump is making, some are saying the United States has embarked on a version of Chinese-style “state capitalism” – directly entangling markets and government.
Moody's downgraded US debt, but markets barely reacted. Explore why, the $36T debt reality, and the political debate over tax cuts vs. spending. Can the US fiscal path be corrected?
Market-believing economists had their long day in the sun during the 1980s and 1990s. But – ironically, in the long run, and long after he passed away – John Maynard Keynes got his revenge.
Explore the Christmas story through an economic lens. This post challenges common narratives about the innkeeper, examining the role of government policies and free markets in the Nativity tale. A fresh perspective on a timeless story.