The American Rescue Plan was a major factor in driving inflation. It’s up to the Fed to address the fallout.
Author: Michael R. Strain
Pro-Worker Nationalism-Populism Won’t Help Workers
The nat-pop wing of the Right peddles grievance-onomics, which will hurt workers and the economy in insidious ways.
The Paycheck Protection Program Was about More Than Paychecks
Supporting business continuity during an unprecedented period in which governments put binding restrictions on business activity was a major goal of PPP.
The Fall of Bitcoin?
A chart suggests Bitcoin’s success is driven by the hunt for yield associated with the Fed’s money printing, along with that of other central banks.
An Index of Discontent
The ‘misery’ index hasn’t been this high since the recession of the early 1990s.
Unreasonable Covid Restrictions May Violate University-Student Contracts
The behavior this month of some elite colleges has been baffling.
Evidence and the Child Credit
There is a mountain of evidence that people’s decisions whether or not to work respond to changes in tax policy, including to the structure of tax credits.
Our Social Pathologies Are Changing — and Maybe for the Worse
Yuval Levin has an excellent essay in The Dispatch in which he describes the changing nature of our underlying social pathologies.
Remembering September 17th
We should remember former president Bush’s words and actions on September 17, 2001.