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October 21, 2022
Amtrak and its supporters frequently argue that a key reason forAmtrak's manifest deficiencies is the "unfair treatment it receiveswithin the federal budget." Adjusted for the generous roundingprocess applied by Amtrak's management in estimating shares, thefigures show that Amtrak actually did not fare so badly incomparison with the other modes.
September 17, 2022
(Archived document, may contain errors) 9/24/85 92 THE U.S. AS A DEBTOR NATION: .WHAT IT REALLY MEANS Last week the media announced that for the first time in nearly 70 years the U.S. is a net debtor country. The impression given was that the U.S. has become another Mexi co or Argentina, tottering on the edge of financial collapse. But like many such simplistic interpretations of the facts, that impression is a fallacy.
July 16, 2022
Rampant inflation, war in Ukraine, Brexit… we ask 10 experts to explain what the economic crisis means for Britain and how we should respond
March 29, 2022
The concept of utilitarianism refers to the doctrine that actions are right if they are u...
February 19, 2022
Accurate news includes the reality that globalization greatly facilitates efficiency and adaptation to change.
February 19, 2022
Cyr: Economics, politics and inflation
February 17, 2022
Inflation has a significant and potentially destructive impact on our military. Our military represents a substantial part of the federal budget. A significant portion of that budget pays for salaries, wages and retirement benefits, all of which are especially sensitive to the effects of rising prices.
February 16, 2022
With hyperinflation, the German public, committed to stability, became desperate. Adolf Hitler and the Nazi Party exploited that concern and won election.
May 19, 2021
The Trump administration’s pursuit of protectionist trade policies was predicated to some extent on the belief that America was too lucrative a market to face retaliation. Using the most detailed data set of bilateral trade flows constructed to date for the interwar period, this column shows that in fact the US faced substantial and widespread retaliation from trade partners
January 11, 2021
The Most Important Thing Biden Can Learn From the Trump Economy A “hot” economy with high deficits didn’t cause runaway inflation. President Trump sent plenty of mixed signals on Fed policy, but that didn’t make him wrong about interest rates during his term.Credit...Erin Schaff/The New York Times Published Jan. 11, 2021Updated Jan. 18, 2021 For all the problems that President Trump’s disdain of elite expertise has caused over the last four years, his willingness to ignore economic or...