Economic Policy

Calling the Keynesians’ Bluff Nathan Smith 02/01/2013

It’s time to enter the inner sanctum of Keynesian theory and see what (little) it’s worth.

Confronting the U.S. Advanced Manufacturing Skills Gap Thomas A. Hemphill, Waheeda Lillevik, and Mark J. Perry 01/28/2013

We have a skills gap and it’s going to get worse. Here’s what we can do about it.

Ignorance, the Ultimate Asset Bret Swanson 01/24/2013

To understand the success of modern knowledge economies and why government planning is folly, we must first understand that ignorance truly is bliss.

16 Tons of Keynesian Economics Arnold Kling 01/22/2013

As the old song goes, after 16 tons of Keynesian economics, all we have to show for it is that we are deeper in debt.

How Economic Nationalism Bites Back Edward Tenner 01/17/2013

History suggests protectionism has many more failures than successes.

Angela Merkel’s Cypriot Headache Desmond Lachman 01/16/2013

German Chancellor Merkel will want a quick resolution of the Cypriot economic and financial crisis so that a bailout does not become a domestic political issue ahead of her reelection bid.

Grand Old Party Poopers Steve Conover 01/15/2013

The GOP’s contemporary message condenses down to the antithesis of Reagan’s: ‘It’s evening in America; the end is near.’

Platinum Problems Michael R. Strain 01/12/2013

With all the serious unknowns, minting a $1 trillion platinum coin seems an act of hubris.

Central Bank Dreams, Monetary Realities Alex J. Pollock 01/08/2013

The legislative creators of the Fed would be surprised to discover that the Fed today is one of the biggest owners of real estate loans, with more than $900 billion of mortgage-backed securities on its books.

We Are the 98 Percent Cliff Asness 01/07/2013

The only way to finance a big European-style state is to have it paid for by massive taxation of everyone, mostly the middle class. Right now, we are avoiding honest debate on this fact.