Welcome to New York City’s housing lottery. Place your name in the hat and you might get lucky. You might get a
Facebook is now policing anyone that questions the White House’s definition of recession, imposing “fact-checks” on experts who speak out about the
The Price Stability Act of 2022, a bill before the House Financial Services Committee, would turn the Federal Reserve’s dual mandate into
Initial claims for regular state unemployment insurance rose 6,000 for the week ending July 30th, coming in at 260,000. The previous week’s
This article was originally published in the Economic Forces newsletter. Price theory is about supply and demand. Why is the price of good
In the Wall Street Journal, Philip Magness, Director of Research and Education at the American Institute for Economic Research (AIER), points out
Sales of light vehicles totaled 13.3 million at an annual rate in July, up from a 13.0 million pace in June. The
The Institute for Supply Management’s composite services index increased to 56.7 percent in July, rising 1.4 points from 55.3 percent in the
With the smoke from the recent Recession Definition War still wafting in the air, I want to suggest that America’s economy is
There are two ways to conduct monetary policy. One approach consists of giving monetary policymakers the discretion to decide their policy at
