Today on TAP: Now, the Federal Reserve should just leave well enough alone.
inflation
Death of an Economic Theory
The notion that public investment crowds out private spending has taken a beating lately.
It’s Hamiltonian! It’s Jeffersonian! It’s Bidenomics!
The president’s economic policies combine the best elements of our economic heritage.
Can Democrats Sell ‘Bidenomics’?
The substance is there. But the sales apparatus isn’t yet.
How to Judge the New Industrial Policy
A focus solely on near-term GDP overlooks what’s being attempted.
A Return to Rentiership
A new paper shows that rent-seeking by firms with dominant market positions has exploded since the 1980s.
Memo to Jay Powell: Quit While You Are Ahead
Today on TAP: The May inflation report was sublime. Time to start cutting interest rates.
Our Glacially Improving Economic Prospects
Today on TAP: Even if we can avert ill-advised budget concessions as part of a debt ceiling deal, it will take more radical policies to improve the life prospects of workaday Americans.
More Reasons for the Fed to Relent
Today on TAP: But don’t bet the farm on a saner monetary policy.
The Silver Lining in the Latest Bank Panic
Today on TAP: The run on regional bank stocks will bring tighter regulation and lower interest rates.

