Donald Trump isn’t the first American president to fall prey to the allure of U.S. military might and to ignore its limitations.
Articles on US economy
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Suspending the federal gas tax, which would require Congress to agree, would drop gas prices only about 4% – less in high-cost states like California.
Kevin Warsh has come under scrutiny for his ties to finance, but that background may also bolster more independence once he’s confirmed as Federal Reserve chairman.
Politicians have long coveted control over monetary policy. Good economic governance requires that they don’t get it.
Three questions can help patients get a better handle on drug and health care options. But many Americans still hold back from asking providers for information.
Oil prices affect the US economy differently than in past decades. Nowadays, the US is less reliant on oil imports and uses less oil to produce more economic output.
The president painted a rosy picture in his State of the Union address.
Though Trump clearly remains sceptical of central bank independence, his appointment of Warsh suggests he recognises the importance Fed credibility.
Trump’s pick to helm the Fed is well known in the financial world, but his monetary policy views have evolved to align more with the president’s desire for lower rates.
The US depends heavily on global bond markets to fund its public spending.
Justices are currently looking at whether Trump’s tariffs are constitutional. But that ruling won’t shed any light on whether they are wise.
The cost of college is on the rise – but college grads still earn more than those without a degree.
As 2026 begins, uncertainty is at the top of everyone’s mind.
The stagflation crisis of the 1970s stands as a clear warning of what might happen if the Fed’s independence is compromised.
Tariffs are taxes on imports, but the costs don’t stay at the border.
The erosion of trust in the US as the steward of the liberal international order should be taken seriously.
Billions of dollars have likely been wiped off the US gross domestic product.
A trade deficit is actually beneficial to the US.
Consumer sentiment remained flat in October, compared to the previous month. But history shows a prolonged federal shutdown can impact how people feel about the economy.
AI is showing some of the hallmarks of another technology’s rapid rise and fall back in the 1920s. These are the lessons we could learn.
Top contributors
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Associate Professor of Business, Boston University
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Part-Time Professor of Economics, The New School
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Associate Professor of Finance, Mississippi State University
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Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne
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Scientia Professor of Economics, UNSW
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Professor of International Relations, Australian National University
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Political Science, Georgia State University
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Professor, Department of Government, University of Essex
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Visiting Faculty in Economics, Emory University
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Assistant Professor of Economics, University of California, Merced
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Associate Professor of Economics, University of South Carolina
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Associate Professor of Economics, Pace University
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Professor of Finance and Distinguished Professor of Applied Investments, Appalachian State University