A sign of intelligence is learning from one’s mistakes. The Powell Federal Reserve does not display this kind of intelligence. Last year, it managed to produce multi-decade-high inflation by choosing ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Many of us are worried about whether President Trump’s tariffs will affect our wallets. The short answer is definitely yes. The first question is whether Trump has the power to levy tariffs, a tax or ...

There is one large piece of property left in Stockbridge that is not owned by a nonprofit entity. The owner wants to save the main Great Estate building, and create an economic "engine" for the town.

Eight basic economic arguments against a bailout of the auto industry This week the CEOs of the “Big Three” US auto makers boarded their private jets in Detroit and touched down in Washington to beg ...

Spend enough time investing in (or reading about) the cryptocurrency world, and it’s easy to become a bit jaded about the wild, unpredictable price swings that seem to come with the territory. But it ...

Recently first tier Republican presidential candidate Marco Rubio was asked about his support of federal sugar subsidies. It was a reasonable question considering the Florida senator’s oft-stated ...