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Inflation: The Federal Reserve Can’t Do It Alone

Congress needs to fix the underlying fiscal problem.

The U.S. Capitol Building in Washington, D.C., August 15, 2023

Secretary Yellen Should Talk to the White House Economists

Waging a war against trade to address a problem of adjustment it didn’t cause won’t make these issues go away. It will make them worse.

U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing on Capitol Hill in Washington, D.C., June 23, 2021.

The Senate Budget Committee Should Focus on Budget Hearings

The Senate Budget Committee seems to have been focusing more on climate change than on the budget this session.

Senator Sheldon Whitehouse (D., R.I.) questions judicial nominees during a hearing before the Senate Judiciary Committee on Capitol Hill in Washington, D.C., December 4, 2019.

Industrial Policy β€˜Done Right’ Won’t Fix What Ails the U.S.

Industrial policy can direct money toward particular goals or industries, but it won’t deliver on the job promises made.

Sen. Marco Rubio (R., Fla.) speaks to reporters on Capitol Hill in Washington, D.C., April 19, 2023.

An Alternative to Doing Nothing about Foreign Subsidies

More Section 301 tariffs, as the United Steelworkers are requesting, isn’t the answer.

Solar panels are seen at a solar farm in Merced, Calif., August 17, 2022.

Industrial Policy and Electoral Politics

If you believe that the politicization of industrial policy will only afflict the leftist industrial policy, I have a subsidized bridge to sell you.

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.
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