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Small-business hiring is down 76% from 2019, and the people still getting hired are paying for it.

Last month I joined the 7 million Americans¹ looking for work. So far, my three interviews have come from personal connections or past work experience. My attempts to use my two degrees to break into a career in economics have gotten me nada. That’s not bad luck. Our labor market is fast becoming a clubhouse. If you’re in, you’re good. If you’re on the outside looking in, good luck. The Wrong Number Instead of telling this story, people grasp at headline numbers that say noth

Ray Dalio studied 500 years of empires and says nations rise and fall in six stages. He puts the US at Stage 5.

Energy independence resurrects a timely, uncomfortable question: why do we treat the people who improve our country so poorly?

Mollie Orshansky never meant to define poverty in American, but here we are.

Grandma's made me rethink our welfare policy.

Having the global currency brings its own demise. Is the dollar's bad year a harbinger?

One way to understand our debt problem is to stop talking in abstractions and start itemizing the bill.

In 1609, a 73-year-old priest went to jail for calling it theft. We call it monetary policy. Policy Recommendation: Separate state and money. We can talk about the rest. Let's finally name the Boogeyman. There's a reason inequality keeps growing no matter how much attention we pay it. There's a reason we're at war in the Middle East like it's 2001 even though nobody wanted it. Both have the same parent, hiding in plain sight: our central bank, the Federal Reserve. More precis

Trump's reciprocal tariffs aren't reciprocal or tariffs. On April 2nd, he held up a board claiming to show two things: the tariffs other...

Unpopular truth: inflation is less than stated, making income growth higher.

McDonald's never meant to revolutionize economics, but the Big Mac has done exactly that.