Government programs kept tens of millions out of poverty in 2018

**Correction: The SSI number in Figure B was corrected to 2,949,000 from 3,949,000.** From 2017 to 2018, the official poverty rate fell by 0.5 percentage points, as household incomes...

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President Trump has been pressuring Fed Chair Powell to cut interest rates. Back in January, I made the following comment: The markets are now scaling back their estimates for...

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The United Kingdom's Supreme Court ruled "illegal" a parliamentary tactic used by PM Boris Johnson to ensure Brexit would be carried out on October 31, more than six...

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Some reflections on Japanese monetary policy

By Ben S. Bernanke Over the years, I’ve done a lot thinking and writing about challenges faced by Japanese monetary policymakers in their attempts to combat deflation. In some...

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This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. China is still cranking out plenty of jobs and...

The Future of Meat (Ep. 367 Rebroadcast)

Meat production has become more efficient. But turning animals into food still requires an enormous amount of resources. Can scientists build a better burger from scratch? (Photo: Scott...

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There are two great paradoxes about the Tory party. Paradox one is that whilst neoliberalism has triumphed, the Tories have lost their intellectual hegemony. Matthew Parris says Johnson is...

Why stop at 100? The case for perpetuities

Issue 100-year Treasurys, advocates the Wall Street Journal.  It mentions a short note deep on the Treasury website thatTreasury’s Office of Debt Management is conducting broad outreach to refresh its understanding...

Hoisted from the Archives: John Holbo (2010): If Those Women Were Really Oppressed, Someone...

John Holbo (2010): If Those Women Were Really Oppressed, Someone Would Have Tended to Have Freed Them by Then http://crookedtimber.org/2010/04/13/if-those-women/: "Having made one non-libertarian-related post, I can now...
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As Another Top U.S. Official Visits Taiwan, China Launches More Military Drills

China launched a fresh round of military drills in the Taiwan Strait, as a top U.S. diplomat demonstrated increasing American support for the...