Government has no resources. It can only spend what it’s taken from us first. Yet Keynesian economists (meaning the vast majority of economists) believe government spending boosts economic growth.
We got another labor market indicator on Wednesday ahead of Friday’s jobs report. According to ADP, the private sector added 152,000 jobs in May. That’s fewer than were added in April, so a bit of a ...
David Bahnsen, discusses Kevin Warsh's approach at the Federal Reserve, noting that low inflation, strong economic growth, ...
Conservatives are falling all over themselves to cheer newly installed Fed Chairman Kevin Warsh’s disdain for the Phillips Curve. Which explains the title of this opinion piece. To celebrate a Fed ...
New data covering the period since May 2023 have continued to follow the path of a nonlinear Phillips curve that shows the relationship between inflation and a particular measure of labor market slack ...