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Economy

Is fractional-reserve banking inherently unstable? Over at National Review, Edwin Burton, a visiting economics professor at the University of Virginia, argues that the “mismatch...

Economy

Note: An earlier version of this article appeared at Economic Forces. Anyone who has followed macroeconomic debates of the last half-century is surely familiar...

Economy

Included in President Joe Biden’s recently released budget proposal are several tax increases, among them an increase to the top marginal income tax rate....

Economy

In Cleveland, OH, during his bid for the presidency, Walter Mondale blamed his opponent’s policies for turning the region into a “rust bowl.” Journalists...

Economy

“There is perhaps no empirical regularity among economic phenomena that is based on so much evidence, for so wide a range of circumstances,” Milton...

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