Economics

8 stories

In-depth economics analysis and news for business executives.

How James Wilson Used Data and Plain Language to Win England's Free Trade Debate in the 1840s
Economics

How James Wilson Used Data and Plain Language to Win England's Free Trade Debate in the 1840s

CEI examines how *Economist* founder James Wilson won England's 1840s free trade debate through data, plain language, and practical examples, creating anti-tariff consensus lasting until 1900s.

24s ago
May Jobs Report Beats Expectations with 172,000 New Positions, Federal Reserve Unlikely to Cut Rates
Economics

May Jobs Report Beats Expectations with 172,000 New Positions, Federal Reserve Unlikely to Cut Rates

May's 172,000 job gains exceeded expectations, led by leisure and hospitality. The strong report suggests the Federal Reserve will avoid rate cuts at its June meeting to combat inflation still double target levels.

43s ago
Competitive Bidding for Power Lines Cuts Completion Time, New Research Finds
Energy

Competitive Bidding for Power Lines Cuts Completion Time, New Research Finds

Competitive bidding for transmission projects delivers faster completion times than automatic utility awards, with New England projects finishing 251 days sooner, contradicting industry claims that competition slows construction.

1m ago
Newsom's $246.6 Billion Budget Masks $176.5 Billion Debt Time Bomb for California Cities and Counties
Policy

Newsom's $246.6 Billion Budget Masks $176.5 Billion Debt Time Bomb for California Cities and Counties

Newsom's $246.6 billion California budget relies on $20 billion in reserves and AI-fueled tax windfalls, masking $176.5 billion in debt that threatens local governments after he leaves office.

4m ago
CEI Report Warns AI Policies Risk Creating "Misalignment by Design" and Expanding Welfare State
Technology

CEI Report Warns AI Policies Risk Creating "Misalignment by Design" and Expanding Welfare State

CEI's June 2026 report argues AI's greatest risk is "misalignment by design"—government-corporate fusion creating industrial policy, welfare expansion, and surveillance—not technological failure, critiquing OpenAI's industrial policy framework.

8m ago
California Public Bank Would Be Costly, Risky, and Unnecessary, New Analysis Finds
Policy

California Public Bank Would Be Costly, Risky, and Unnecessary, New Analysis Finds

Pacific Research Institute report finds proposed California public bank would expose taxpayers to major risks without filling any market gap, citing failed feasibility studies from Washington and Massachusetts.

9m ago
Remote Work, Not AI, Is Behind Brutal Job Market for College Graduates, New Research Finds
Economics

Remote Work, Not AI, Is Behind Brutal Job Market for College Graduates, New Research Finds

Remote work, not AI, drives rising graduate unemployment near recession levels, according to Manhattan Institute analysis of studies examining 243 million hires across four countries since 2017.

1d ago
Interest Rate Caps Slash Credit for Risky Borrowers by $2,000 Without Reducing Delinquencies
Policy

Interest Rate Caps Slash Credit for Risky Borrowers by $2,000 Without Reducing Delinquencies

New York Fed research shows 36% interest rate caps reduced risky borrower debt by $2,000 without lowering delinquencies, suggesting credit rationing rather than borrower protection.

1d ago