Disasters, such as the horrific earthquake that hit Turkey and Syria in February 2023, bring up a recurring myth — one that demands the wisdom of Frederic Bastiat.
Tuesday night’s address to Congress by President Trump was devoid of detail on infrastructure investment. But in justifying his desire to harness $1 trillion of public and private funds for “new roads, bridges, tunnels, airports and railways”, the President used two lines of bad economic reasoning sadly all too prevalent in public debate on this […]
How to evaluate the economic record of Barack Obama? To even begin answering, it’s necessary to go beyond just counting the number of jobs created during his presidency (10 million) or calculating the average growth rate (1.5%) or even looking at something more wonky like the labor force participation rate.
If you’ve ever wondered about the 2008 financial crisis and the ensuing “Great Recession,” you’re not alone. It’s not hard to point fingers at banks, financial institutions, and regulators—but do you know the underlying causes of financial crises? In our new On Demand program, Financial Crises and Government, we team up with professors like Stephen […]