There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...

An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...

As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...

Our nation will run a huge federal deficit in 2020. This comes as economic theory has lagged events for more than a decade. It is at a time when the Federal Reserve has kept interest rates extremely ...

Depends on if you think debt matters. For an individual, a household or even a generation, sure it does. But what about a nation? It’s a question that’s become even more urgent as the federal ...

In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. They knew their letter would fall on deaf ears in Washington, D ...

“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

Is printing money bad for the economy? Well, it can cause inflation, devalue a currency and have adverse impacts for investments. But there’s an “unorthodox” macroeconomic theory that has gained ...

Hey smarties! We’re on a break for the holidays, so we’re revisiting some favorite episodes from 2020. We want to say a big thank you for being part of the Make Me Smart family this year — every ...