Playing Chicken with the Federal Budget: The Rational Stupidity of Shutdowns
“Chicken” is a game where two people, or two groups, want different things, in a context where “I win/you lose.” That is,
“Chicken” is a game where two people, or two groups, want different things, in a context where “I win/you lose.” That is,
Zohran Mamdani announced early this month that, should he win the New York City mayoral race, he intends to shut down New
Across the United States, harvesters are beginning to scythe their way through fields of crops. How well or badly the harvest goes
On and shortly after Liberation Day, economists warned that tariffs would raise prices, snarl supply chains, and cut into economic growth. Prices
Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year. It is
I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further to achieve
This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth. The 2025
Several incidents in the COVID pandemic’s first two years forced me to confront the uncomfortable reality that American society had cracked apart,
By every official measure, the economy seems to be doing well. Personal income, disposable income, and consumption expenditures all increased. GDP growth
Governor Michelle Lujan Grisham announced in September that New Mexico will become the first state in the nation to guarantee free childcare