Cracking Down on Big Insurance in … Oklahoma?
As Allstate and State Farm allegedly shortchanged consumers who believed they had been paying for full coverage, both companies made…
How Trump Declared Economic War on His Own People
The simultaneous economic sanctions on Iran and Canada will make everything you buy cost more—if we’re lucky.
The Best Protection Against Financial Crises Is Being Destroyed
When Wall Street blew up the economy, they were forced to cut back on risky borrowing. Now those restraints are…
Why Scott Bessent Can’t Fix the Bond Market
Every Trump lackey must indulge his whims, no matter how stupid.
FTC Says It Will Enforce Surveillance Pricing. It Won’t.
Its policy statement merely targets disclosure. It doesn’t say that using personal data to set prices is an unfair or…
The AI Bailout Could Be Baked Into the AI Bubble
Instead of passing through bankruptcy, insolvent life insurers have all their liabilities—in particular the policyholder claims—paid for by state guaranty…
Will Trump Accounts Close the Racial Wealth Gap, or Worsen It?
The investment accounts for newborns have been lauded as an innovative wealth-building program. But they might exacerbate economic inequalities instead…
The CFTC’s Word Games Legalizing Gambling
Sports betting and other gambling products masquerading as “event contracts” have exploded since Trump regained office, entirely thanks to the…
Can American Economics Change?
I’ve never attended business school or even sat in on a class. But last week, I got some sense of…