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Previewing the Long-Term Effects of TariffsThe dominant effect of the Trump tariffs will be to raise production costs on almost every American manufacturing firm.

It’s TDS to Suppose These Tariffs Are WorkingTrump has pushed the U.S. into an economic downturn that will be especially hurtful to Hoosiers.

Trump’s Tariff Recession Is HereMy new forecast, completed in late April, predicts a national recession began as early as March in reaction to Trump’s tarriffs.

Two Key Economic Lessons in One BillHoosiers face trade-offs and opportunity costs in the wake of SEA1.

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Commentaries tagged with pres. biden administration

September 29, 2024 The Soft Landing MiracleThe hard part was ending inflation without also causing a recession.
July 28, 2024 Biden’s Presidency Has Been Very ConsequentialBiden has held elected office for all but four of the last 54 years, serving on a city council, as U.S. senator, vice president, and, finally, president.
January 7, 2024 What Does New GDP Data Tell Us About the Hoosier Economy?More than half of all the state’s new residents since 2020 live in one of two counties.
December 3, 2023 The ‘Great Discordance’ of Economic Fact and FeelingThat Americans appear to prefer higher unemployment over historically mild inflation is not something any of us should be proud of.
November 12, 2023 Defend Democracies on This Veteran’s DayOur Constitution offers the highest form of a liberal democracy.
October 1, 2023 Another Stupid Government ShutdownShutdowns are often a demonstration of clownsmanship, not statesmanship.
March 26, 2023 Bank Failures Warn of Deeper Economic ProblemsDuring the Great Recession, a whopping 0.014 percent of banks were closed by the FDIC.
February 19, 2023 Balancing the Federal BudgetThere’s no silver bullet that will return our debt to comfortable levels.
January 1, 2023 The CHIPS Act Was Wise LegislationSemiconductors are a key part of national defense, among other industries.
December 4, 2022 Inflation Will Make the Legislature’s Job Difficult This YearThe budget challenges faced by state legislatures are twofold.
August 28, 2022 Student Loan Forgiveness Is a Policy MistakeThis addition to federal debt during this time risks worsening inflation.
August 21, 2022 Limiting Future InflationOverreacting to inflation can be worse to the economy than underreacting.
July 3, 2022 The 246th Anniversary of ‘The Great Experiment’Our nation may be at its most divided, but I have great hope.
June 26, 2022 Inflation Affects Each Family DifferentlyWe understand earthquakes and hurricanes better than we do inflation.
January 2, 2022 2021 Was an Unnecessarily Horrible YearFrom political unrest to vaccination and economic woes, this year was heavy.
November 14, 2021 It Is Time to Be Honest About Debt, Spending and TaxationSpending that makes us more productive often pays for itself through increased GDP that is then taxed.
September 19, 2021 Vaccine Mandates Are Huge Cost SavingsMost individuals have dodged the financial cost of COVID health expenses, but insurance premiums are likely to rise.
August 22, 2021 How to Think About the Infrastructure BillInfrastructure spending reallocates jobs far more often than it creates them.
June 6, 2021 What Economists Got Right and Wrong about COVIDShifts in labor, occupational structure, and community amenities influence the degree of recovery.
May 23, 2021 Thoughts on the Infrastructure PlanThis plan is perhaps too large but could be more effective than expected.

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