What economics lessons will America learn from the Biden boomlet?

By James Pethokoukis When President Biden signs the nearly $2 trillion COVID-19 relief bill, he’ll be signing a pretty popular piece of legislation. A whopping 76 percent of Americans support the American Rescue Plan, according ....

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Washington passes another mega-stimulus, but do we really understand the risks?

By James Pethokoukis Well, we’re off to the races. President Biden on Thursday signed the $1.9 trillion COVID-19 relief and stimulus bill. And while forecasts vary, it’s safe to say that the consensus is looking ....

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Wealth taxes come with a wealth of worrisome potential trade-offs

By James Pethokoukis President Biden’s campaign tax plan was full of tax increases, some $3 trillion worth. But a wealth tax wasn’t one of them. And, according to The New York Times, a wealth tax ....

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Economic growth shouldn’t need a defense. But here you go, again.

By James Pethokoukis One might think that long-lasting and sustainable economic growth, driven by technological improvement and innovation, would be an obviously awesome thing. It helps humanity live longer and better. The impact of rapid ....

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Don’t assume the coming Biden Boom means a shift to rapid and sustainable growth

Generating economic growth is difficult. For most of human history, there wasn’t much of it. Now we often take it for granted. Policymakers often think too little about growth impacts when they consider raising taxes ....

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What’s been the historical impact of populism on economies and political systems?

Donald Trump is gone, but his populism lives on. It’s not just that President Biden, like his predecessor, has signed a “Buy American” executive order for federal purchasing that’s meant to bolster domestic manufacturing. (Fun ....

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How American universities can promote innovation: My long-read Q&A with Korok Ray

A key component of America’s ability to innovate is its world-renowned system of higher education, which is the envy of the world. However, there’s room for improvement. Universities can do more to promote the inventive ....

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How will artificial intelligence shape our future? My long-read Q&A with Darrell M. West

Artificial intelligence is becoming more common every year, with applications in industries ranging from medicine to transportation to the service sector. Many people see this technology as a means of finally escaping the disappointing productivity ....

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