The 2025 Nobel Prize in Economics: A “Creative Betrayal” of Schumpeter’s Vision
In their 1990 paper, “A Model of Growth Through Creative Destruction,” 2025 Nobel winners Philippe Aghion and Peter Howitt attempt to formalize
In their 1990 paper, “A Model of Growth Through Creative Destruction,” 2025 Nobel winners Philippe Aghion and Peter Howitt attempt to formalize
September’s fiscal surplus was not thanks to tariff revenue. In truth, it was thanks to Americans paying more in income tax. Tariffs
Despite the change in the White House, critical race theory is still with us, dominating the academic sectors and being ingrained in
The US as a modern nation began in 1789, but between the Constitution and Alexander Hamilton’s national bank, the original ideal of
After John Bolton’s disastrous stint in the first Trump Administration, promises were made that the second Trump Administration would be neocon-free. Instead,
Stability has been earned. The next task is to convert it into structural strength.
No one doubts that the US is a politically and culturally divided nation. Contrary to much of public opinion, politicians like Donald
Federal debt now increases at a shocking rate, with the US's debt increasing from $37 trillion to $38 trillion in just 73
When economists try to analyze the economy, one procedure is to remove the “seasonal” component from the data in order to account