By the measure most Americans recognize, inflation is running at an annual rate of 5.4%, the highest in 13 years. There are other measures, and consumers who don’t eat, or drive a car, or worse yet plan to buy a new one or a house or rent a flat, will be less hard by hit by risi…
Antitrust policy has been roused from its long sleep by the President. Two cheers from those who believe that markets can be relied upon to allocate th…
President Biden has it right. We need not agree with the details of Biden’s Executive Order on Promoting Competition to applaud its broad thrust. Somet…
“A foolish consistency is the hobgoblin of little minds, adored by little statesmen…” wrote Ralph Waldo Emerson 180 years ago. No one can accuse Joe Bi…
Powell Prepares His Sermon On The Wyoming MountainsReality bites. And at a decidedly inconvenient time for Federal Reserve Board chairman Jay Powell. In a little more than a month he will be meet…
The good news for President Biden is that the economy added 850,000 jobs in June, allowing him to claim credit for a booming economy, and the “dramatic…
All hail Bernie Sanders. Not, as Republicans claim, because he is about to convert the Democratic Party to Socialism, with the government owning the me…
Jay Powell did it. The Fed chairman has been trying to figure out how to warn investors that he can’t keep interest rates at zero forever, or continue …
See all

Irwin Stelzer- This Week in Economics, and Next