If we care about the future of the economy, then we have to pay close attention to the policies that shape it.
We are currently living in an age of extreme -- and in certain cases, unprecedented -- levels of monetary and fiscal policy....
Regardless of a country’s natural resources, culture, or education, the institutions it has in place are far more significant in explaining its economic development. Countries with secure private property rights, the rule of law, and free markets tend to have higher per capita incomes and...