I understand how monetary policy would work in that imaginary Canada (at least, I think I do). Increasing the quantity of money (holding the interest rate paid on money constant) shifts the LM curve ...

It has become common to hear Republicans saying that Democrats' "Keynesian experiment," or in Paul Ryan's case, their "Neo-Keynesian economic experiment," has failed. You'd think that Keynesian ...

Remember prosperity? Want it back? Here’s the secret formula, which has always worked and would work again: Cut marginal tax rates and restore integrity to the dollar. Donald Trump is campaigning on ...

In a new report, ITIF President Robert D. Atkinson says the predominant economic theories fail to understand the complex nature of advanced economies and the need to make "higher productivity the ...

The ongoing feud between President Trump and Fed Chairman Jerome Powell centers on interest rates. This tells us more about the near-universal view of what constitutes monetary policy than it does ...

Continued from From Squeeze to Crush (Part One of Two). There is another, far more subtle yet sinister economic force at work which is, in the longer run, even more negative for US equity valuations ...

Capitalism has reached its peak, it has crossed the threshold on the other side of which all the measures taken to preserve it only hasten its self-destruction. It can no longer present itself as the ...

In an Instragam video over the weekend, Rep. Alexandria Ocasio-Cortez, a New York Democrat, mistakenly referred to economist John Maynard Keynes as “Milton Keynes,” mashing up his name with that of ...

If anyone had any lingering doubts about where American economic policy is heading over the next four years, those should have been removed by President Joe Biden’s proposed $6 trillion budget for ...

Yesterday, President-elect Joe Biden picked Janet Yellen to run the Department of the Treasury. The hope among progressives was that Biden would pick Elizabeth Warren, a politician Wall Street bankers ...