Inflation is all the rage right now — and for good reason. For the past couple of months, Americans have been paying more for everyday goods and services, and according…
In a press conference Wednesday, President Joe Biden threatened that he will call out businesses in the private sector if they do not move to address the supply chain issues…
At the beginning of 2021, Congress passed a $1.9 trillion stimulus package –– namely the American Rescue Plan Act –– which, among other things, expanded the maximum Child Tax Credit (CTC)…
When I started studying for my economics degree in 2007, people’s eyes would glaze over when I told them what I studied. By the time I started my second year…
Evidence is clear that tax hikes, especially those on income, are very harmful to economic growth since they are more distortionary to productive economic activity than other taxes. Income taxes…
White House spokesperson Jen Psaki drew a lot of criticism this week when she said that it would be “unfair and absurd” for companies to increase costs for consumers in…
Proponents of rent control often claim that greedy corporate landlords hold so much power in the market that they are able to take advantage of renters and raise rents excessively.…
The Fight for 15 Wages were up last month, but owing to inflation, they’ll buy less. In real terms, people are worse off. Last week, Noah Smith wrote for Bloomberg:…
One of the questions of economics teaches you to ask is ‘compared to what?’ Someone might tell you that a job paying $10 an hour is bad, but any reasonable…