Karl W. Smith

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Supply Chain Disruption? More Like Supply Chain Overload

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The stresses on the global economy stem mainly from an increase in demand, especially from the U.S.

America Needs Higher, Longer-Lasting Inflation

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The benefits of moderately rising prices and wages outweigh the costs.

Why Do Some Democrats Want To Give The Wealthy A Tax Break?

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Eliminating the cap on state and local tax deductions wouldn't help the middle class.

What Janet Yellen Doesn’t Know

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A premature concern about U.S. debt levels could hurt the economy.

Start Building The Post-Pandemic Economy Now

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Congress should think creatively, and for the long term, in crafting further pandemic relief.

This Change In Tax Law Could Help The Post-Pandemic Economy

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Allowing the permanent full expensing of all capital investments would spur investment and help the economy.

Congress Is Wrong About Trump's Payroll Tax Cut

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The pandemic will cause huge economic shocks, and a huge stimulus is needed to address them.

Trump’s Economy Had A Good Year, Even If He Didn’t

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The stock market has risen to record highs over the last several months

Economists Join Congress In Not Worrying About The Deficit

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Deficit hawks are facing extinction among both politicians and academic economists.

Do Trump’s Tweets Reduce Rates?

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Trump's tweets do appear to lead to more accommodation from the Fed.

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