Economics

Assessing Claims That U.S. Billionaires Get a Free Ride on Taxes

IRS data shows high earners pay more in income taxes than their share of earnings.

There Is No Labor Shortage

It’s mostly the sectors dominated by low-wage jobs that are struggling.

Checking in on the U.S. Housing Market

Despite improving economic numbers generally, high mortgage rates and high prices are leading to supply problems.

A Child Tax Credit Compromise for the Real World

The Wyden-Smith deal would take a modest step toward improving the CTC’s ability to support families.

The Problem With ‘Monetizing the Debt’

Just printing more money won’t solve our problems.

Let’s Not Turn the Child Tax Credit Into Welfare

The CTC at its best can provide tax relief for families and encourage work. That’s not what Congress’ recent proposal does.

The Number That Will Forecast Biden’s Fate

Keep an eye on economic growth.

What If There Is No Low-Hanging Economic Fruit? 

The myth of the president-as-rainmaker.

What Conservatives Can Learn from MLK’s Economic Views

His support for left-wing views didn’t arise in a vacuum—and it was highly controversial among black pioneers, too.

Standing Beside History, Yelling ‘Go!’

Part economic history, part techno-optimist manifesto, a new book envisions a conservative embrace of technology’s upsides. Can it happen?

Japanic! at the Steelco

U.S. Steel gives American protectionists just what they wanted … good and hard.

New Year, New Economic Forecast

Economists and everyday Americans try to make heads or tails of the economy.

Rust in Peace, United States Steel

Graveyards are full of indispensable corporations, but the end of the steel giant just feels different.

Time Traveling to the Present

A prediction of the future does not reality make.

The State of the U.S. Housing Market, Explained

A mishmash of fundamentals and unpredictable consumer behavior make forecasting a tricky business.

Offshore Headwinds

Economic realities can hurt. Government realities can make them fatal.