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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

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

War lays bare the consequences of America’s choices

The wars in Ukraine and Iran reveal unsettling lessons.

March 24, 2026

Higher gas prices are the least of our problems

President Trump says a temporary spike in the cost of oil is a small price to pay to secure peace. He's right.

March 17, 2026

Boosting deposit insurance would make banks safer

When the Trump administration and Sen. Elizabeth Warren agree, a skeptical eye is warranted. However, sometimes they are onto something.

March 10, 2026

The difficult path to 2% inflation

The economy is in a sweet spot, but accomplishing 2% inflation will be tough.

March 3, 2026

Kevin Warsh’s Fed will navigate a radically new era

If confirmed, Kevin Warsh will take over the Federal Reserve at a time of radical new challenges for central bankers.

February 24, 2026

Dollar stability defies Trump’s political turbulence

In recent weeks, the dollar has fallen against most other currencies, but President Trump appears little disturbed.

February 17, 2026

Greenland’s commercial loyalties are as important as U.S. military bases

President Trump is right to be interested in securing Greenland, but he should adjust his tactics and broaden his objectives.

February 10, 2026

Economy threatens House Republicans in midterms

The Trump economy is delivering growth and investment in artificial intelligence, the stock market is booming and real wages are rising, yet many voters are unhappy.

February 3, 2026