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News
Real World Economics: In praise of the value of information – Twin Cities
1+ day, 45+ min ago (1055+ words) A myriad of short lessons in applied economics filled the news in past weeks as personal medical concerns precluded me from writing a single coherent column on any one topic (more about that in a bit). So instead, let’s review…...
Higher Confidence in Government.. But the Economy Tells Another Story
1+ day, 7+ hour ago (152+ words) The ninth wave of Arab Barometer presents a two-sided picture of Jordanians’ views of the government and the economy. On the one hand, confidence in the government rose to 49%, from 39% in late 2023, while satisfaction with its overall performance reached 61%—clear…...
As the only Fed governor in DC on 9/11, he led the central bank's response
3+ day, 14+ hour ago (623+ words) Roger W. Ferguson, Jr. served as a member of the Federal Reserve Board of Governors from 1997 to 2006. From October 1999 through the end of his term, he was vice chair of the Federal Reserve. When terrorists crashed two planes into the Twin…...
Affordability, fast and slow: A playbook to address the cost of living
3+ day, 21+ hour ago (1618+ words) This white paper offers a different framework to make sense of the discontent about the cost of living and chart a way forward. Addressing supply constraints requires policymakers to operate with patience and prudence, the kind of slow thinking that…...
The Middle Class Is Shrinking Because of Mass Affluence
4+ day, 22+ min ago (111+ words) In 1971, 61 percent of Americans were middle class. By 2023, it was 51 percent – a 10-point drop. Which makes it sound like all this gloom is justified. Except… there’s a pretty big complication here. You hear “the middle class is shrinking” and you…...
Washington Needs a Diet and a Growth Spurt, Not a Miracle Cure
4+ day, 10+ hour ago (891+ words) Treasury Secretary Scott Bessent stood in front of business students at SMU's Cox School of Business in Dallas on Tuesday and said something refreshingly blunt: “We don't have a revenue problem. We have a spending problem.” His prescription is 3 percent…...
Editorial: As consumer worries grow, they’re like to echo in November
4+ day, 21+ hour ago (577+ words) A report released last week by Roanoke College found Virginians increasingly sour on the state of the economy and believing that the outlook for improvement is grim. Anecdotal evidence and lived experience suggest the same. Is it any wonder why?...
The Illusion of Freedom: How Wealth and Oligarchy Captured America - LRC Blog
5+ day, 21+ hour ago (363+ words) Writes Bill Madden: What we are experiencing is the logical conclusion of an economic cycle where a relatively few super-rich families own and control everything. The wealth transfer from the people to these wealthy rulers has been present since our…...
America’s Middle Class Is the Richest
6+ day, 49+ min ago (135+ words) committeetounleashprosperity.com FROM THEUnleash Prosperity Hotline America’s Middle Class Is the Richest Speaking of Americans’ incomes, we are repeatedly told that the rich hoard all the wealth and income in America and that socialist Europe has a more equal society....
Welcome to the freebie economy: how to offset the cost of living without spending a cent
6+ day, 8+ hour ago (64+ words) Great Lakes Advocate Welcome to the freebie economy: how to offset the cost of living without spending a cent At a staggering $2800 a week just to cover the absolute basics, keeping a household floating in 2026 feels like a full-time job....