Deficit

Explainers

Explainer: What Is Keynesian Economics?

Oftentimes when operating in the world of fiscal policy, economists use certain terms and phrases and simply gloss over them, not realizing that everyday taxpayers may not understand. A number of these come up from time to time, and I…

NewsFederal

Yet Another Somber Debt Milestone

$31 trillion. Written another way, $31,000,000,000,000. Sadly, milestones like these seem to have become all too regular. They are almost as certain as the political theatre performed by the U.S. Congress every few months over whether or not to raise…