IPI Resident Scholar Dr. Merrill Matthews explains how politically difficult Democrats are finding it to get their $3.5 trillion budget reconciliation bill through their own caucus, and how harmful it would be for the economy should they succeed. With IPI President Tom Giovanetti.
IPI Resident Scholar describes several Biden administration disasters that are eroding confidence in his administration and likely will contribute to Republican gains in the 2022 midterm elections.
There’s a lot more going on behind the price of a pint of strawberries than just an arbitrary number. Prices convey information—an enormous amount of information. And if we understand the importance of price in signaling, rationing, and incentivizing production, then it’s obvious why government price controls and “price gouging” laws are a terrible idea.
With jobless claims increasing rather than declining, and with the infrastructure and budget resolution bills seemingly bogged down, President Biden’s economic agenda has hit rough sledding. And if the administration succeeds in getting their agenda through, will that help grow the economy or slow the recovery? And what can we learn from previous administrations in similar situations? IPI Resident Scholar Dr. Merrill Matthews and President Tom Giovanetti discuss these and other relevant topics.
What is zero-sum thinking, and is it appropriate for economic policy? Is the pie static, or can we have more pie? And was Donald Trump the ultimate zero-sum politician? By IPI President Tom Giovanetti with Resident Scholar Dr. Merrill Matthews.
Critics claim big tech companies like Amazon, Facebook and Google have become monopolies, and that the Federal Trade Commission should break them up—a sentiment shared by the new FTC chair. But IPI Research Fellow Bartlett Cleland explains that monopolies tend to limit choice and disregard consumer welfare, whereas these companies have greatly expanded choice and enhanced consumer welfare.
The pandemic-induced global shortage of semiconductors has revealed just how dependent our economy and our lives are on these silicone chips. But as IPI Research Fellow Bartlett Cleland explains, it also underscores how vulnerable our national security is to these mostly foreign-manufactured chips.
"It’s ba-aack!” After an almost two year suspension, our old friend the debt ceiling showdown is back again as a deadline facing Congress. IPI Resident Scholar Dr. Merrill Matthews guides us through the recent history of the issue and explains how the debt ceiling can be used as leverage by the part out-of-power, if they are so inclined. Will they raise the debt ceiling? Will they once again find a way to suspend the vote and cop out? Or will they eliminate Congress’ control over the debt limit all together? The inquiring mind of IPI President Tom Giovanetti wants to know.
What is “market failure?” Do markets fail, or is that just an excuse used by government bureaucrats to regulate industries, start antitrust investigations, and create new programs and entitlements? Are there ways to address gaps in markets without blowing the whole thing up? Resident Scholar Dr. Merrill Matthews guides us through the issue of supposed market failures, and IPI President Tom Giovanetti shares his thoughts.
Talk show host Robert Pratt interviews IPI Resident Scholar Dr. Merrill Matthews about the threat and consequences of rising inflation.