There’s a pitch taking root within the Trump administration and some corners of Wall Street that envisions two somewhat incompatible realities playing out at once: rapid economic growth and low ...

Learn how economies are formed and grow. Discover the roles of productivity, specialization, and financial markets in driving economic development.

Explore the size of America’s underground economy. Discover what activities this economy includes, and how it affects taxes, jobs, and the broader U.S. economy.

The Federal Reserve's quantity-based monetary policy since 2009 enabled stable 2.5% annual real GDP growth through 2025. Quantitative easing and tightening anchored long-term economic expansion, ...