United States

The firehose of affluent consumption continues to drive inflation, not the stimulus package

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.

The current paper returns to the key questions of wages and incomes and how wealth effects cripple reliance on interest rates to control inflation.

The empirical analysis of public sector investments and the health value created by the drugs selected for Medicare price negotiations provides a cost basis for the assessment of the maximum fair price.

Examining the crucial role of poverty and inequality in shaping household indebtedness.

Increased hospital system consolidation in small Metropolitan Statistical Areas is adversely related to nurse wage growth.

Salaries in the U.S. aren’t keeping up with inflation, despite pandemic-related increases in some sectors. That’s a major threat to the future for all working Americans – especially the youngest.

How Showering Money on Both Parties Paralyzed Regulators

The Consumer Welfare Standard is severely limited or defective, preventing it from being an appropriate standard for modern antitrust.

Lynn Parramore explores Peter Temin’s new book on the country’s two economic histories: progress for whites, slavery and segregation for Black people. He warns of a second-tier global future unless they come together.

President Biden’s first SOTU Address was a missed opportunity to say what he knows to be true: Stock buybacks manipulate the market and leave most Americans worse off

US regulators can step in to ensure drug pricing both supports patient access and drug development

US regulators can step in to ensure drug pricing both supports patient access and drug development

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks

To strengthen the American semiconductor industry, Congress should condition additional funds on suspending stock buybacks