CNN’s Sanders-Cruz Healthcare Debate: A Scorecard

CNN’s Sanders-Cruz Healthcare Debate: A Scorecard

CNN, Senator Sanders, and Senator Cruz deserve congratulations for a great town hall. Real focus, real exchange of views, even real agreement now and then on some important ideas. Worth viewing, or if you missed it, worth reading the transcript. Still, articulate and well prepared though the participants were, there were things they should have […]

The Conservative Case for Carbon Dividends: A Bad Marriage of Two Good Ideas?

The Conservative Case for Carbon Dividends: A Bad Marriage of Two Good Ideas?

As a firm supporter of both carbon taxes and a universal basic income (UBI), you would think that I would be thrilled by the new report, The Conservative Case for Carbon Dividends, released Wednesday by the Climate Leadership Council (CLC).  It puts a price on carbon like a good carbon tax should, and it gives […]

In Search of the Elusive Victims of Globalization

In Search of the Elusive Victims of Globalization

The 2016 US Presidential election has placed trade policy high on the national agenda. Both Bernie Sanders, on the left, and Donald Trump, on the right, campaigned on overtly protectionist platforms. Now that Trump is in office, he has begun implementing his program of “buy American, hire American.” In response, many members of the economics […]

Deplorables Didn’t Elect Trump, Jams Did

Deplorables Didn’t Elect Trump, Jams Did

photo: Gage Skidmore Hillary Clinton famously characterized Donald Trump’s voters as a “basket of deplorables,” but she was wrong. Our friends, the British, have figured it out: Trump was elected not by deplorables, but by jams. “Jams,” short for “Just About Managing,” is the new term has swept British political discourse. They are defined as a […]

One Chart Shows Why the Odds Keep RisingThat the Fed Will Raise Rates

One Chart Shows Why the Odds Keep RisingThat the Fed Will Raise Rates

photo: Kurtis Garbutt Will policymakers at the Fed raise interest rates at their December meeting? Wall Street  oddsmakers increasingly think they will. One simple chart shows why. The chart tracks the economy’s progress toward the central  bank’s target of “stable prices and maximum employment.”  The Fed’s rate-setting Federal Open Market Committee (FOMC) has operated under this […]

Trade and Jobs: Why the Protectionist Cure Could be Worse Than the Globalization Disease

Trade and Jobs: Why the Protectionist Cure Could be Worse Than the Globalization Disease

photo: Steven Straiton Dramatic promises to restrict international trade were a signature element of Donald Trump’s presidential campaign. So far, he seems to be following through, with an early reaffirmation of his intent to withdraw US participation in the Trans-Pacific Partnership (TPP). An aggressive stance on trade played a key role in gaining the support of […]

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