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The Money Illusion

What role do we want the monetary base to serve?

Over at Econlog, I have a new post discussing the Fed’s opposition to narrow banking, and specifically John Cochrane’s excellent post criticizing the Fed’s position. I’ll ... read more


Trade War Reshapes U.S. Import Peak Shipping

Waves of new tariffs lifted U.S. waterborne import peak shipping volumes earlier and higher than ever in 2018, while the promise of more to come pushed an atypical December surge.   U.S. import ... read more


Mentoring International Success: A Mid-Size Mi...

Kevin D. Malecek is the Director of Economic Development and International Trade for the City of Mentor, Ohio This post is part of SelectUSA’s EDO Spotlight series, highlighting the work of EDOs ... read more