Americans know difference between rosy economic data and reality
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Americans know difference between rosy economic data and reality

The economy is growing, unemployment is low, wages are up, and inflation is down. However, the American people remain grumpy about the state of the economy. This puzzle was just investigated by four economists. They found that people often know that something is wrong even if statistics don’t reflect the problem. In this case, people…

To fight climate change, stop fighting China on electric vehicles
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To fight climate change, stop fighting China on electric vehicles

Much of the banter surrounding the rise of China’s electric vehicle (EV) industry and the implication for the global economy is misleadingly alarmist. When our government gets involved in such narratives, it calls into question the sincerity of its insistence that EVs are essential to an existential battle against climate change. If China’s foray succeeds,…