The economy can be both very complex and very simple. In simplified terms, consider two buckets. One is the public sector, and one is the private sector. As more money flows into the bucket of the ...

Former President William Jefferson Clinton’s 1996 State of the Union Address announced that “the era of big government is over.” Federal expenditures for fiscal year 1996 were $1.5 trillion. A ...

You can’t spell “federal government” without the word “fed.” And this leviathan demands to be fed. A lot. The government’s appetite has only grown over the past four years. Congress and the next ...

Two weeks ago, the Royal Swedish Academy of Sciences announced its decision to award the 2024 Nobel Prize in Economics Sciences to Daron Acemoglu and Simon Johnson of MIT and James Robinson of the ...