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Discussing strong earnings, inflation, and resilient consumers: Pethokoukis on CNBC's 'Morning Call'
2+ hour, 15+ min ago (53+ words) American Enterprise Institute - AEI Discussing strong earnings, inflation, and resilient consumers: Pethokoukis on CNBC’s ‘Morning Call’ Senior Fellow James Pethokoukis discusses strong earnings, inflation, and resilient consumers on CNBC’s ‘Morning Call.’ James Pethokoukis, Senior Fellow; DeWitt Wallace Chair; Editor, AEIdeas…...
The Case for Growth Is the Case for Life
3+ mon, 1+ day ago (756+ words) My fellow pro-growth/progress/abundance Up Wingers in America and around the world: Is there an intellectually serious case against economic growth? My prior here is so strong that I really have to force myself to even address the issue…...
The Debt Danger World Leaders Are Ignoring | American Enterprise Institute - AEI
1+ day, 21+ hour ago (433+ words) From Washington to Tokyo and from Paris to London, warning signs are flashing in the world’s biggest government debt markets. Anyone doubting this hasn’t been paying enough attention to rising long-term interest rates, most notably the spike in the 30-year…...
Iran's Inflation Update
1+ week, 1+ day ago (317+ words) Happy Thursday! In today’s newsletter, we examine the inflationary risks of a prolonged conflict in Iran, the changes in the Department of Education since President Trump took office, and the Jones Act’s impact on American shipping. Don’t forget—subscribe and…...
On the Road to US Fiscal Ruin
1+ week, 1+ day ago (419+ words) In The Sun Also Rises, when one of Hemmingway’s characters was asked how he went bankrupt, he replied “first gradually and then suddenly”. As 30-year US bond yields climb to their highest level since 2007 in response to the country’s unsustainable…...
A Smaller Labor Force Means a Smaller Economy
4+ week, 2+ day ago (304+ words) In 2024, the U.S. fertility rate reached a new low of 1.6. Net immigration started declining rapidly that same year and quite possibly turned negative in 2025. This combination of factors has brought the rate of population growth to a historic low, a development…...
Waiting for Trump’s Golden Economic Age
1+ mon, 4+ day ago (724+ words) So much for the golden economic age that President Donald Trump promised at the start of his second term. Eighteen months in, he has little to show for his highly unorthodox economic policy efforts. Prices have not fallen, economic growth…...
A New State Capitalism | American Enterprise Institute - AEI
1+ mon, 1+ week ago (157+ words) Not so long ago, the distinction between America’s market-based economic model and its main alternatives—or rivals—looked reasonably clear. Before 1989, there was the sclerotic shortage economy generated by Soviet-style economic planning. More recently, there was Europe’s “cuddly” capitalism, and…...
Prices Versus Quantities Revisited: What Do Policymakers Need to Know to Set Pigouvian Taxes and Subsidies?
1+ mon, 2+ week ago (133+ words) American Enterprise Institute - AEI Prices Versus Quantities Revisited: What Do Policymakers Need to Know to Set Pigouvian Taxes and Subsidies? What information do policymakers need to design Pigouvian taxes or subsidies? Standard logic suggests that it is sufficient to know…...
Trump’s Misguided Trade Policy
1+ mon, 2+ week ago (162+ words) In short, if Trump really wants to eliminate the trade deficit, he needs to take serious steps to rein in the budget deficit. Needless to add, he should do so in any event to keep the public debt from growing…...