The proposition is about as outlandish as it sounds: Everything we know about modern economics is wrong. And the man who says he can prove it doesn’t have a degree in economics. But Ole Peters is no ...

President Biden’s plan to flood Americans with nearly $2 trillion in coronavirus aid could come to a House vote early next week. Odds are decent it will also pass in the Senate. Nearly $2 trillion.

Most people like new stuff more than they like paying for it. Poll a few thousand Americans about whether they'd enjoy having a BMW, and most would probably say yes. Ask how they'd feel if told it ...

Forbes contributors publish independent expert analyses and insights. Joseph J. Thorndike writes about tax history. Modern monetary theory (MMT) has gone mainstream — sort of. Long regarded with ...

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 ...

Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. They knew their letter would fall on deaf ears in Washington, D ...

Since the 1930s, the Supreme Court has set its lowest bar for constitutional review to economic regulation. The court’s rational-basis test doesn’t require policymakers to be wise, or even reasonable.

Olivier Blanchard, former IMF chief economist and professor at Massachusetts Institute of Technology, who wrote a book on macroeconomics, waded into treacherous waters on Tuesday — the simmering ...

President Biden’s plan to flood Americans with nearly $2 trillion in coronavirus aid could come to a House vote early next week. Odds are decent it will also pass in the Senate. Nearly $2 trillion.