[the Us] Budget Is Dominated By The

I Have Friends, Political Scientists, Sociologists, Who All Share An Interest At Least In Certain Kinds Of Science Fiction.

In Short, It's A Great Economy If You're A High-level Corporate Executive Or Someone Who Owns A Lot Of Stock. For Most Other Americans, Economic Growth Is A Spectator Sport.

There's One Thing That The Fed Has Been Really Good At Cracking Down On, And That's Inflation.

Political Figures Who Talk A Lot About Liberty And Freedom Invariably Turn Out To Mean The Freedom To Not Pay Taxes And Discriminate Based On Race; Freedom To Hold Different Ideas And Express Them, Not So Much.

Generous Unemployment Benefits Can Increase Both Structural And Frictional Unemployment. So Government Policies Intended To Help Workers Can Have The Undesirable Side Effect Of Raising The Natural Rate Of Unemployment.