America has an affordability problem. Just as it spelled serious political trouble for Joe Biden, the same is now the case for Donald Trump. In June 2024, I argued in a piece for Project Syndicate that affordability was “The Defining Economic Issue of the US...

On May 3, 1930, an “open letter” written by over 1,000 American economists  was delivered to US President Herbert Hoover, Senator Reed Smoot, and Congressman Willis Hawley  in opposition to The Tariff Act of 1930. Hoover ignored the advice and signed what became known...