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A Liberal Economist Explains Why Bidenomics Was a Failure

How Bidenomics Generated Bidenflation Jason Furman, a longtime democratic economist and former Obama adviser, confirmed what many of us have said for so many years, and issued a stunning responsibilities of Bidenomics. Biden's economic policy was a disaster, and voters knew it. write Foreign Affairs, Furman will be laying out An epic experiment in Biden-era […]

Richard Easterlin, the Economist Who Proved That Jobs Make Babies, Dies at 98

Rest in peace, Richard Easterlin Richard A. Easterlin, a pioneering economist whose insights Rebuilt the postwar baby boomHe died on December 16th at his home in Pasadena, California. He passed away at the age of 98. The University of Southern California, where he was a professor emeritus, confirmed his death. Although it is best known […]

Trump picks economist Faulkender for No. 2 position at Treasury

President-elect Trump announced Wednesday that he will nominate economist Michael Faulkender to be deputy secretary of the Treasury, the second-highest position at the Treasury Department. If confirmed, Faulkender will report to Scott Bessent, President Trump's nominee for Treasury secretary. During Trump's first term, Faulkender at the Treasury Department implemented the Paycheck Protection Program (PPP), which […]

MIT economist says AI can only handle 5% of jobs, fears stock crash

The much-touted AI takeover of the U.S. job market is likely overblown and will hurt the bottom lines of overzealous companies that have invested billions in the technology, according to a prominent expert. It is said that there is a possibility. Economist and Massachusetts Institute of Technology professor Daron Acemoglu calculates that within the next […]

Top Chinese Economist Disappears After Criticizing Dictator Xi Jinping

Chinese economist Zhu Hengpeng, deputy director of the Institute of Economics at the Chinese Academy of Social Sciences, recently disappeared after criticizing dictator Xi Jinping's economic policies in a private online chat group. According to a source familiar with the case, Zhu, 54, was detained after posting “comments about China's economic decline and implicit criticism […]