There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...

Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...

As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...

In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...

Our nation will run a huge federal deficit in 2020. This comes as economic theory has lagged events for more than a decade. It is at a time when the Federal Reserve has kept interest rates extremely ...

Depends on if you think debt matters. For an individual, a household or even a generation, sure it does. But what about a nation? It’s a question that’s become even more urgent as the federal ...

“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

What if governments could spend without collecting taxes or raising debt? What if printing money and spending it on goods and services weren’t inflationary? What if governments could never go bankrupt ...

Hey smarties! We’re on a break for the holidays, so we’re revisiting some favorite episodes from 2020. We want to say a big thank you for being part of the Make Me Smart family this year — every ...