A Pillar of the Economics Establishment Admits That It Was Wrong
In a new report, the World Bank thinks better of its old free-market absolutism.
Economy
Young People Are Falling Behind, but Not Because of AI
The case that AI is already stealing young people’s jobs is based on a statistical mirage.
Iran Might Use Its Economic-Doomsday Option
Can Donald Trump keep attacks on energy infrastructure from escalating?
Will Small Businesses Get Their Money Back?
How to survive a trade war
‘We Would Be Entering a Completely Different World’
What happens if oil hits $200 a barrel?
The Real Reason California Can’t Build
In trying to accomplish every objective and accommodate every interest, all at once, the state set up its housing agenda to fail.
The Economy’s Warning Light Is Flashing Yellow
A soft labor market, persistent inflation, a potential oil crisis—what could go wrong?
Would Trump Risk an Oil Crisis?
The longer the Iran conflict goes on, the likelier such an outcome becomes.
Get Ready for Zombie Tariffs
Even after losing at the Supreme Court, Trump has plenty of ways to reconstruct his trade regime.
The One Tiny Problem With Trump’s Affordability Agenda
His proposals to lower prices are all more likely to raise them.