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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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 the lack of ‘urban air mobility’ says about America’s long downshift in productivity growth

How close are we to a world of “flying cars” dotting the skies, whether owned personally or as corporate air taxis? Certainly the embryonic sector keeps generating news, though not all of it encouraging. Bloomberg ....

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Atoms for progress: Thinking about energy and innovation in the 2020s

Assuming steady vaccination progress, there’s good reason to expect the American economy to surge this year and next. Consumer eagerness and opportunity to spend combined with a tsunami of stimulus should prove a powerful combo. ....

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President Reagan on why freedom is key to maximizing human potential and prosperity

Bullish economic forecasts for 2021 all tend to have one thing in common: an expectation that Washington will pony up another big stimulus. (Vaccine optimism is pretty universal among bulls and bears.) And it now ....

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Why didn’t China have an Industrial Revolution before Europe did?

I’m pretty confident that America’s so-called “great stagnation” in productivity and economic growth is over. At least I am on odd-numbered days. And since there are slightly more odd- than even-numbered days in a year, ....

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5 questions for Philip Coggan on the history of the world economy

The world economy developed as the result of increasing economic openness around the world and the fostering of connections between enterprising people. Will policymakers continue to embrace this approach, or are we likely to enter ....

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