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Federal government debt is rising rapidly. The government spent almost $1 trillion more than it raised in revenues in 2019, and the overspending gap...
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Federal government debt is rising rapidly. The government spent almost $1 trillion more than it raised in revenues in 2019, and the overspending gap...
Federal government debt is rising as politicians increase spending faster than tax revenues are coming in the door. With the economy growing, the government...
If there’s one thing we know about the looming debt limit crunch and the warnings about the dire consequences of default, it’s this: The government is...
Dennis Robertson, the late Cambridge economist, said of bad economic ideas that it was like going to the greyhound races. If you stood still...
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...
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...
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...
Today’s very strong job numbers have to raise a basic question that economic policymakers would ignore at their peril: Does the U.S. economy really...
Among the more disturbing economic consequences of the Covid-19 pandemic has been the dramatic deterioration in Europe’s public finances. While markets are currently unfazed...
Following four years of President Donald Trump’s budget irresponsibility, Joe Biden’s bold economic plan would seem to confirm the notion that the U.S. road...