Michael Pettis frequently claims that, by running large surpluses, China is forcing “the demand-suppressing cost of their policies onto their trading partners.”…
When the world goes looking for shelter during an oil war, the destinations are predictable: the dollar, gold, short-term Treasuries.…
A tenth of a percentage point of extra productivity growth — well within the range of plausible near-term AI effects…
As AI sweeps into white-collar workplaces, old-timey hands-on jobs are getting a new look—and some of those professions even have…
That is the topic of my latest Free Press column. Here is one excerpt: So schools will respond to cost…
Here’s a revision I made to Modern Principles, my textbook with Tyler. Some things change dramatically, some things never change.…
The annual Public Choice Outreach Conference is a crash course in public choice. The conference is designed for undergraduates and…
Marginal Garfield generates an original Garfield cartoon every day based on posts from Marginal Revolution! Here is the first strip.…
Physician incomes are extraordinarily high in the United States. A new NBER paper finds that U.S. physicians earn roughly two…
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