Arthur Okun, Class Warfare, Redistribution, and Income Growth

May 7, 2021

"The low-income worker is a net beneficiary of bigger government for about 10 years. But as time goes on, the… Read More

April Jobs Report Disappoints but The Outlook Remains Favorable

“Payrolls posted a modest and disappointing gain in April. Despite the result, other data suggest the economic recovery is gaining… Read More

May 7, 2021

Dissenters, Unite!

"Nemeth falls for the classic writer’s mistake of telling her readers something rather than showing them. She repeats her talking… Read More

May 7, 2021

The New York Times Argues With Itself About Biden and Taxes

"Government spending by its very name is the politicized allocation of precious wealth first created in the private sector. In… Read More

May 6, 2021

Competing With China Shouldn’t Entail Becoming More Like China

"When we talk about competing with China to win the 21st century we first need to be very clear on… Read More

May 6, 2021

Initial Claims and Continuing Claims for Unemployment Benefits Fall in the Latest Week

“Initial claims for unemployment benefits continue to decline, suggesting a strengthening labor market and improving economic outlook.” - Robert Hughes Read More

May 6, 2021

The Rise of Bitcoin

"The blockchain technology at bitcoin’s core provides a new and fundamentally different way to process payments. It relies on neither… Read More

May 6, 2021

GosFed Looming at the Fed?

"It’s easy to see why the comrades of Gosbank showed so little dissent. Say, or think, the wrong thing in… Read More

May 5, 2021

Services Sector Expands Again in April

“The services sector expanded again in April, but logistical and labor issues as well as shortages of materials are boosting… Read More

May 5, 2021

“After the Revolution, You Will Like Going Camping!” G.A. Cohen’s Camping Trip Reconsidered

"This doesn’t require a thought experiment: people vote for capitalism and against socialism in droves by trying to move to… Read More

May 4, 2021

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