Do Voters Reward Pro-Market Politicians?

A few days ago, I shared some academic research investigating whether economic crises lead to more liberalization (Naomi Klein’s hypothesis) or more statism (Robert Higgs’ hypothesis). Given the dismal long-run outlook for the United States and most other developed...
What Will Cause the Next Recession?

What Will Cause the Next Recession?

I often discuss the importance of long-run growth and I pontificate endlessly about the policies that will produce better economic performance. But what about short-term fluctuations? Where are we in the so-called business cycle? I don’t think economists are good at...