Kevin McCarthy led his party to a substantial victory in the battle over raising the debt ceiling.
Author: Michael R. Strain
What I Learned from Pope Benedict
The biggest impact his ministry has had on me is not scholarly. Instead, it is deeply personal.
Walmart’s Investment in Workers
A new book misunderstands how Walmart is moving toward a ‘high road’ model of employment among retailers.
McConnell’s PACs Spend Millions to Bail Out Trump’s Candidates
Meanwhile, the former president spends very little from his bulging war chest.
Governor Ducey Rejects Grievance-onomics
It’s a dead end for the Right.
New York City Is Not Dead
Manhattan rents are rising at a 30 percent annual rate.
Why Would the SEC Try to Limit Activism?
The relationship between corporate management and shareholders is a principal-agent problem.
Sanction Russia’s Oil Exports
The sanctions would create a carrot to offer Russia: End the war, and get the oil sector back.
The Economic Consequences of the War in Europe
If Mr. Putin is successful in conquering Ukraine, it signals a new chapter in the rise of authoritarianism.
Yes, the Biden Stimulus Made Inflation Worse
The American Rescue Plan was a major factor in driving inflation. It’s up to the Fed to address the fallout.