Peter C. Earle

Not all trillions—debts, valuations, investments—are created equal. Huge nominal numbers often obscure the institutions and incentives that produced ...

Since 1776, at least 120 peoples have declared independence, echoing Jefferson’s universal claim about natural rights, self-government, and ...

Behind the headline figure lies a deeper economic story: financial markets assigning enormous value to long-duration, high-risk technological ...

Even in a world of radical abundance, scarcity, tradeoffs, and uncertainty persist—and with them, the essential role of ...

Commentary Recent remarks by Elon Musk have reignited debate over the economic implications of artificial intelligence (AI), following ...

The Kennedy-era poverty formula hides the economic pressures now crushing working Americans. Worse, benefits losses are wiping out ...

Backed by major institutions and a booming state economy, the TXSE is positioning itself as a pro-business alternative ...

As AI data centers, clean-energy mandates, and regulations collide, the power grid is becoming a battlefield.

Commentary In November 2024, U.S. commercial mortgage delinquencies spiked to 10.4 percent, a level just below the 10.7 percent ...

Commentary For decades, New York City prided itself on being the financial capital of the world. It’s a ...

Numbers do not speak for themselves. They are framed, spun, and selectively emphasized.

Commentary In recent years, a chorus of complaints has emerged from millennial and Gen-Z interns and junior analysts ...

Modern physics has managed to turn lead into gold. Is the end of scarcity in sight? Look to ...

Commentary Trade negotiations are often mischaracterized as adversarial contests akin to warfare or chess. (The latter is increasingly ...

Commentary Florida’s housing market has moved decisively from scorching-hot to increasingly fragile. After experiencing some of the nation’s ...

Commentary President Donald Trump and Department of Governmental Efficiency (DOGE) head Elon Musk have called for a full ...

Commentary Over the past three decades, Japan’s monetary policy has been characterized by near-zero interest rates and significant ...

Commentary On Jan. 1, while confetti was still being swept up in Times Square, a slew of new ...

Commentary The delinquency rate for commercial mortgage-backed securities (CMBS) tied to office properties reached 10.4 percent in November, approaching ...

Commentary Last summer, I gave a talk on dedollarization, and as customarily occurs, a question and answer session ...

Commentary The 2025 fiscal year budget of the United States includes a proposal to tax unrealized capital gains—a ...

Commentary The total public debt of the federal government surpassed $35 trillion last summer and continues to climb. ...

Few observers missed Alexandra Ocasio-Cortez’s interview and photoshoot last week in which the rising avowedly socialist New York ...