John Krull: Sometimes, the bright lights blind us

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When he was in the White House, Teddy Roosevelt earned a reputation as the “trustbuster.”

Editorial: No Labels, No Alternatives, No Escape

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The Wall Street Journal

Michael Hicks: What caused the Midwest to thrive? Education

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A newly released study by economists from Yale and UC San Diego unlocked a key insight into the way the Rustbelt developed. Like most studies, it is just one piece of the puzzle. I found it insightful because it is yet another challenge to the view that attracting capital drives regional economic growth. In other words, jobs follow people, people don’t follow jobs.

Editorial: Resources needed for immigrant students

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The (Anderson) Herald Bulletin

Michael Hicks: The political economy of inflation

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The fourth anniversary of COVID offers an economics columnist a rich set of policy lessons. Among the most pressing is the political economy of inflation. I begin by reminding readers that inflation is largely a policy choice, involving a trade-off between either increasing unemployment or reducing the purchasing power of our dollar.