Economy

Fiscal strategy, monetary transmission, and the data behind market shifts.

Why Is Rent So High in America?

Rent has increased faster than wages in nearly every US metro area. Here is who is responsible and what, if anything, can fix it.

Trump Tariffs: Who Actually Pays?

The administration says tariffs make China pay. The data says American consumers pay. Here is how tariffs actually work.

The Big Beautiful Bill, Explained

Trump calls it the Big Beautiful Bill. Here is what it actually does to the deficit, your taxes, and social programs.

Wealth Tax

The biggest argument against a wealth tax is that wealthy people would just run away and move to another state or country, so the wealth tax would be...

Public vs. Private

A lot of people assume that if something is popular or public, it must not be good—and that private is automatically better.