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Peter Morici

Peter Morici is an economist and business professor at the University of Maryland, and a national columnist. He can be reached at pmorici@umd.edu.

Columns by Peter Morici

Voters blame Trump for inflation

With the summer half gone and midterms, coming into focus, Republicans might wish Americans would concentrate more on the upcoming football season and less on gripes with incumbents.

July 28, 2026

Kevin Warsh in the land of Oz

Americans are like Dorothy in Oz. We expect the Wizard -- Federal Reserve Chair Kevin Warsh -- to solve our toughest economic problems by manipulating interest rates.

July 21, 2026

The hourglass economy sank Spirit Airlines

The collapse of Spirit Airlines says a lot about what is right and wrong with the economy, and why whoever sits in the Oval Office has a tough time winning a decent job approval rating.

July 14, 2026

Federal Reserve should stand pat on interest rates

After its June meeting, the Federal Reserve Open Market Committee appears poised to raise interest rates to address the inflation instigated by the Iran war.

July 7, 2026

Stocks remain investors’ strongest hedge against inflation

At its recent meeting, the Federal Reserve Open Market Committee appeared poised to raise interest rates soon.

June 30, 2026

America’s AI gamble depends on more than capital

America is betting the ranch on artificial intelligence.

June 23, 2026

Legacy of the war with Iran

The Iran war has revealed some unsettling lessons for the United States and will fundamentally change the global economy.

June 16, 2026

Is Kevin Warsh a hawk or a dove?

Next week, Kevin Warsh will chair the Federal Reserve's policymaking committee. Through the post-meeting statement and press conference, we may finally get a glimpse of the real man.

June 9, 2026

Threats to America’s prosperity begins in Washington

The economy remains solid. From 2016 to 2024, annual GDP growth averaged 2.5%. After a rocky first quarter, the balance of 2025 matched that performance.

June 2, 2026

Kevin Warsh’s Fed Kabuki dance

Kevin Warsh's reforms at the Federal Reserve may prove more form than substance.

May 26, 2026

Warsh’s toughest challenge: Fighting inflation in a more hostile world

Combating inflation -- not unemployment -- in a more hostile world will be the new Fed Chair Kevin Warsh's toughest challenge.

May 19, 2026

How to curb the national debt

The U.S. economy performed well in President Trump's first year back in office.

May 12, 2026

Trump’s tariffs get stymied by big federal deficits

President Trump's tariffs aren't working as advertised.

May 5, 2026

Affordability could make Vance or Rubio president in 2029

Affordability offers Democrats a big club for the midterm elections.

April 28, 2026

Fed Chair Powell could stay past his term

Next week, Jerome Powell will chair the Federal Reserve's interest-rate-setting committee, but perhaps not for the last time.

April 21, 2026

Iran war threatens recession, permanent global supply chain damage

In recent decades, the U.S. economy has become less prone to recession, but uncertainty about the ultimate outcome of the war with Iran may erase that advantage.

April 14, 2026

Iran war has reached crisis point for U.S. economy

The war with Iran has reached a crisis point for the U.S. economy, and President Trump must act decisively to save it.

April 7, 2026

War in Iran poses terrible risks for the global economy

The war with Iran will last longer than President Trump anticipated. If politics compel him to withdraw early, then he will do grave damage to our liberty and economy.

March 31, 2026