Patrick Watson

Dec 7, 2018
Every parent knows sugar-stimulated kids do crazy things. So does a sugar-stimulated economy.

Oct 4, 2018
Machines Will Do Half Our Work by 2025

Sep 27, 2018
Economic theory says labor scarcity should force employers to raise wages. That’s indeed happening in certain segments. But it misses a crucial point. Labor isn’t scarce in the growing number of occupations that can be automated. Supply is abundant if you include the machines.

Sep 14, 2018
Central banks like the Federal Reserve think they can use interest rates to stimulate the economy. Make borrowing easier and growth will follow, they believe.

Sep 10, 2018
Tucked away deep inside the Fed’s founding law is a provision Trump could use to completely rebuild the Federal Reserve Board of Governors. Markets should pay attention. I don’t think they are.

Aug 24, 2018
There’s Only One Way to Solve Our Stagnant Growth Problem

Aug 2, 2018
Last year’s tax cut was supposed to stimulate economic growth, create new jobs, and help workers earn more money. I doubt it will accomplish any of those things.

Jul 17, 2018
I’m sorry, but no, you didn’t earn it,at least not all of it. Your Social Security benefits are a gift from other taxpayers. It’s not your own money coming back to you.

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