The Republican economic playbook nowadays involves maintaining previous tax cuts permanently, reducing taxes even further, and...

Earth to Federal Reserve--- It is not prudent monetary policy to lower official rates by 50 basis points despite robust job growth, full...

Do federal budget deficits matter? This question has divided economists. Some argue that deficits are of little concern, given the US's...

The Fed raised official rates by 500 basis points from 2022 to 2023, the most significant increase over forty years, and there was no...

The Federal Reserve's approach to inflation, whether it exceeds or falls below the target, is asymmetrical. In a formal policy framework,...

The ratio of the home price to median household income has nearly doubled since 2000. It's counterfactual to think that would have...