Looking Back at the Tax Cuts and Jobs Act
If I could address a joint session of Congress on the subject of economic policy, what would I tell them? What would I want their takeaways to be? So many things. So very many things. But no doubt...
View ArticleThe Best Way for Companies to Have a Big Social Impact Is to Generate Profits...
How do businesses make us better off or “increase social welfare,” as an economist would put it? According to the corporate social responsibility movement, increasing shareholder value is...
View ArticleThe Importance of the Two-Parent Home: My Long-Read Q&A with Melissa Kearney
Over the past 40 years, children born to parents without college degrees have become less and less likely to grow up with the advantages of a two-parent home. This trend is perpetuating inequality...
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What’s Really at Stake If We Get AI Regulation Wrong
Quote of the Issue “An Up Wing future depends on us getting the most possible out of our cities. It always has. Urban economist Edward Glaeser has explained that these ‘dense agglomerations that dot...
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Elon Musk: ‘There Will Come a Point Where No Job Is Needed. AI Will Be Able...
Quote of the Issue “If the robot can recognize the clean flame of life in men who have never fallen from life then he repents, and his will breaks, and a great love of life brings him to his knees, in...
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Faster, Please! — The Podcast #39: My Chat with Marc Andreessen on the...
Welcome to Faster, Please! — The Podcast. Several times a month, host Jim Pethokoukis will feature a lively conversation with a fascinating and provocative guest about how to make the world a better...
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How a New Roaring ‘20s Could Be Like… The Booming 1990s. Still.
Quote of the Issue “The second half of the 1990s is certainly the most Up Wing period within the living memory of most Americans.” – James Pethokoukis, The Conservative Futurist: How to Create the...
View ArticleThe Federal Reserve and the Economic Outlook: A Conversation with Federal...
Since its peak in the summer of 2022, the headline inflation rate has since moderated to around 3 percent, still higher than the Federal Reserve’s 2 percent target rate. How much longer should the Fed...
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Sam Altman and OpenAI: A Fork in the Road of Human Destiny?
Quote of the Issue “I would, however, argue that you need to know about the Falcon 1 and all that went into it because that machine … quite likely changed the course of human history.” – Ashlee Vance,...
View ArticleIndia’s Odd Economic Data
Last week, India announced 7.6 percent year-on-year real GDP growth in the July-September quarter. Expectations were for more like 6.6 percent. But nominal GDP suggests the true number may not be so...
View ArticleThis Corporate Law Case Could Accidentally Overturn U.S. Taxes
This week, the Supreme Court will hear oral arguments in Moore v. United States, a case that centers on the mandatory repatriation tax (MRT). The MRT was enacted as part of the 2017 Tax Cuts and Jobs...
View ArticleHow an Economist Looks at AI and Existential Risk
Artificial intelligence can do a lot more than, say, improve the efficiency of customer service agents, as important as that might be. Google DeepMind’s AI tool, for instance, has predicted 2.2...
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Faster, Please! — The Podcast #39: My Chat with Marc Andreessen on the...
Welcome to Faster, Please! — The Podcast. Several times a month, host Jim Pethokoukis will feature a lively conversation with a fascinating and provocative guest about how to make the world a better...
View ArticleDeal or New Deal
Jonah indulges in one of his favorite traditions on today’s Remnant: kvetching about economics with Michael Strain, the American Enterprise Institute’s director of economic policy studies. Their...
View ArticleAre You Economically Better Off Today Than Four Years Ago?
Are You Economically Better Off Today Than Four Years Ago? | Sutherland Institute This is a common question voters hear from candidates during an election year. But on this episode, two economists ask...
View ArticleThe Economy Is Good. Why Do Consumers Feel So Bad?
As we approach another federal election cycle, there will be a lot of talk about the state of the economy. Are Americans better off, economically speaking, than they were when President Biden took...
View ArticleDiscussing the trajectory of the US economy: Strain on CNBC
AEI’s Director of Economic Policy Studies Michael Strain discusses the trajectory of the US economy on CNBC. The post Discussing the trajectory of the US economy: Strain on CNBC appeared first on...
View ArticleSteven B. Kamin on Argentina’s Economy
Steven B. Kamin is a senior fellow at AEI, where he studies international macroeconomic and financial issues. Before joining AEI, Dr. Kamin spent 32 years at the Federal Reserve, directing the...
View ArticleMichael R. Strain on the State of the US Economy
Michael R. Strain is the director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute, where he studies labor markets, public finance,...
View ArticleJerome Powell Is Inviting a Banking Crisis
John Maynard Keynes famously said that, “when the facts change, I change my mind. What do you do sir?” It seems that Federal Reserve Chair Jerome Powell does not subscribe to Keynes’s way of thinking....
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How Fast Can the Global Economy Grow?
Quote of the Issue “The concept of progress acts as a protective mechanism to shield us from the terrors of the future.” – Frank Herbert, Dune The Essay Just how fast can the global economy grow? The...
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The World Is a Less Impoverished and More Equal Place than You Think
Quote of the Issue “The better we get at getting better, the faster we will get better.” – Douglas Engelbart The Essay The world is a less impoverished and more equal place than you think The main...
View ArticleThe Winding Road to a Public Debt Crisis
There is some good news and some bad news about our public debt problem. The good news is that, contrary to what many are now warning, our unsustainable public finances will not lead to a dollar...
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Biden’s Economic Report: A Closer Look at the Next Decade’s Growth Forecast
Every year I look forward to reading the Economic Report of the President. It always has tons of interesting economic analysis, including a chapter on artificial intelligence in this year’s...
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