Central planning is bad, which means government spending is bad. Contra the most prominent number in economics (GDP), ...

Discover what odious debt is, how it operates, and examples of its occurrence. Learn why successor governments may refuse to ...

Just two weeks after he was sworn into office, former President Ronald Reagan went on national television to address the American people about what he perceived to be a dire problem. It was the ...

The COVID-19 pandemic has had enormous impacts on state and local governments by reducing tax revenue, causing widespread unemployment, and increasing healthcare costs. In addition to reducing ...

Moody’s Downgraded the US… Should You Care? The S&P downgraded the US credit rating in 2011. Then, in 2023, Fitch followed suit. Finally, Moody's pulled the trigger on May 16, 2025. Their decision ...

Globally, government debt/GDP ratios and debt service costs have increased since the GFC and Covid, raising the relevance and importance of sovereign bond indices like the FTSE Debt Capacity World ...

MINNEAPOLIS — If you wince when look at your monthly credit card bill, you might not believe what the U.S. government has racked up. The national debt now tops more than $34 trillion. That's a new ...

Usually, my columns tip their hand. The title summarizes an argument that I had developed in advance, then the article defends it. Not today. As macroeconomic policies are merely among my interests, ...

Forbes contributors publish independent expert analyses and insights. Erik Sherman reports on business, economics, finance, tech, and law. It wasn’t so long ago that some experts said not to worry ...