Trump vs. the Bond Market

Trump vs. the Bond Market

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This Is Why People Hate the Government

In 2024, Americans spent an average of six full workdays a year filling out government forms, according to the government’s own estimates. That’s a total of 12 billion hours, or $430 billion of uncompensated labor a year. It’s easy to read something like this and say: “Oh, well, ...  Show more

The China Shock 2.0

Brad Setser follows Chinese trade closer than just about anyone else on earth, and he thinks we’re in the early days of a China Shock 2.0. The first China Shock was when China came to dominate low-end manufacturing in the 2000s, filling American shelves with cheap clothes, toys a ...  Show more

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