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Throughout his four years in office, Donald Trump measured his administration’s economic success by the stock market’s performance. He did so even though around...
On President Joe Biden’s first day in office, he signed an executive order canceling permits for the Keystone XL pipeline that would have brought...
In 2008, U.S. academic economists distinguished themselves by failing to anticipate the U.S. housing and credit market bust that led to the Great Economic...
I’ve never had an operation before. It wasn’t particularly serious and perhaps a few years overdue, but it involved a general anesthetic, scalpels, and...
A specter is now haunting the emerging market economies. It is the specter of U.S. economic overheating that will raise interest rates and provoke...
Judging by Fed Chief Jerome Powell’s recent pronouncements, today’s slightly higher than expected consumer price inflation numbers are almost certain to be dismissed by...
“The Interstate Highway System transformed the way we traveled, lived, worked, and developed,” said President Biden in the March 31 speech introducing his American Jobs Plan. “Imagine...
Hyman Minsky, the late renowned credit market expert, must be rolling in his grave at the sight of Italy, the Eurozone’s very troubled and...
As part of his infrastructure plan, President Biden is proposing to raise the federal corporate tax rate from 21 percent to 28 percent and broaden...
President Biden’s proposed infrastructure plan includes $621 billion for transportation. It would spend $115 billion on accelerated road and bridge repairs, $20 billion for “vision zero”...