There is a new brand of economic theory floating around, supported by left-leaning politicians and economists, and actually put into practice by the Trump administration and formerly conservative ...

An obscure economic fad known as Modern Monetary Theory is again in the news. This is in part because its leading advocates are backing away from several of its central predictions, while ...

Congress has authorized $6 trillion in deficit spending to defeat the coronavirus. That’s more than the United States spent fighting World War II, when $4 trillion of government spending released the ...

In today’s world of high inflation and multi-trillion-dollar budget deficit, many believe the U.S. government has spent too much to bring the economy out of the COVID-19 recession. While today’s ...

As the House and Senate budget committees begin the usual process of putting together a federal budget for the coming fiscal year, one of the big unanswered questions is how much they will be swayed ...

Our nation will run a huge federal deficit in 2020. This comes as economic theory has lagged events for more than a decade. It is at a time when the Federal Reserve has kept interest rates extremely ...

Depends on if you think debt matters. For an individual, a household or even a generation, sure it does. But what about a nation? It’s a question that’s become even more urgent as the federal ...

“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be solved ...

In response to the coronavirus, the federal government has added almost $3 trillion to the national debt just in the last few months. The federal budget is astronomically out of balance. No one in ...

Forbes contributors publish independent expert analyses and insights. I wrote the book on vulture investing. This article is more than 5 years old. Trillion-dollar deficits and constant expansion of ...

Hey smarties! We’re on a break for the holidays, so we’re revisiting some favorite episodes from 2020. We want to say a big thank you for being part of the Make Me Smart family this year — every ...