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August 21, 2023
Four Shocking Truths about the American Economy! (Well, Shocking to Some.)
I recently wrote a brief essay, “Generative AI and Economic Growth,” for Exponential View, the great newsletter by Azeem Azhar. And I knew one particular passage would be sure to raise…
August 3, 2023
Does Money (and Economic Growth) Buy Happiness?
Sure, economic growth may allow us to buy more stuff, buy cooler stuff, help us to live longer, and give us the resources to solve big problems such as global…
August 1, 2023
How the Middle Class Is Faring: My Long-Read Q&A with Jeremy Horpedahl
…leave a review. Pethokoukis: Before we dig into the data, I want to take a moment to talk about public perception about how America’s been doing over recent decades. There…
July 25, 2023
Why Is Economic Growth Good?
As the saying goes, there are no stupid questions. In that generous spirit, it’s certainly legitimate to ask why a continually growing economy is a good thing. Why does GDP…
July 21, 2023
Jeremy Horpedahl: Are American Families Thriving?
Does the typical American family today enjoy better living standards compared to 1985? We may have bigger TVs in our living rooms and smartphones in our pockets, but a recent…
July 7, 2023
The 21st Century Decline of Economic Freedom
From 1850 to 2020, industrialized economies went from roughly $3,000 per capita to $40,000 per capita, inflation adjusted. This was also a period of expanding economic freedom, as documented in…
June 28, 2023
Is ‘Bidenomics’ Even a Thing, Really?
The White House is saying that President Biden’s speech today in Chicago will be on the subject of “Bidenomics.” The choice to use that term is a meaningful one, according to the Financial…
June 15, 2023
Instead of ‘Late Capitalism,’ Maybe the US Economy Is Still in ‘Early Capitalism’
So how is the twilight of capitalism working out for you? What, you didn’t realize that you were living through “late capitalism”? Before I go on, let me first explain…