Peter Morici

Powell is fighting inflation with a pea shooter

The Federal Reserve is getting serious about inflation -- but hardly serious enough.

May 10, 2022

Why Biden needs some Republicans in his Cabinet

The Russian invasion of Ukraine laid bare NATO's weaknesses and the failure of free trade to enable secure borders and prosperity.

May 3, 2022

Improving the lot of low-skilled workers

Wars, pandemics and recessions shake up businesses and labor markets.

April 26, 2022

A crisis in Supreme Court appointments is coming

If the Republicans win the Senate, it could instigate an overdue crisis in judicial appointments.

April 19, 2022

America’s national interests require tolerating some bad actors around the world

The loadstar of American foreign policy should be the security of our citizens and assets abroad, national prosperity and promoting human rights.

April 12, 2022

The effects of a permanent daylight saving time

Americans are tired of losing sleep.

April 5, 2022

This is not your father’s Cold War

In the Eisenhower-Khrushchev era, the West, Russia and China lived in rigidly separated economic spheres.

March 29, 2022

Why voters are so unhappy with the economy and Biden

Americans have good reason to be unhappy with President Biden -- the economy stinks.

March 22, 2022

Team Biden is not up to defending America

History will mark the Russian invasion of Ukraine as the moment hopes for a peaceful democratic world died.

March 15, 2022

The religion of the left catches Biden in a web of failure

President Biden governs by political tropisms -- not great vision. That was on full display at the State of the Union address last week.

March 8, 2022

Powell should target long rates to fight inflation

The Federal Reserve is about to get some tough lessons in economics -- about inflation, interest rates, overly aggressive environmental policy, labor markets and inequality and stock prices.

March 1, 2022

Why Biden’s transformational presidency is failing

President Biden's transformational presidency is unraveling.

February 22, 2022

Biden wants to turn Fed into a sandbox for woke policies

President Biden wants to radically change the Federal Reserve to be more pro-inflation and a sandbox for woke industrial policies with his four choices for the Board of Governors.

February 15, 2022

A GOP platform for the midterms

Republicans are in great shape for the midterm elections, but they're quarreling about how to run.

February 8, 2022

Fed’s planned tightening hardly enough to beat inflation

In March, the Federal Reserve will likely start raising interest rates--perhaps three or four quarter-point steps over nine months. That's hardly enough to bring inflation down to 2%.

February 1, 2022

Step into virtual reality and the metaverse with caution

Ever since humanity achieved consciousness, it's pined to travel through space and time -- to beam up as in "Star Trek" and accomplish an earthly presence after death.

January 25, 2022

Biden’s hollowed out economy

As President Biden enters his second year, the American economy faces tough challenges that his woke policies have either ignored or aggravated.

January 18, 2022

Investors bedeviled by Biden’s inflation should stick with stocks

These days are not easy for ordinary folks to invest for retirement and other life goals. COVID-19, inflation and President Biden's woes dominate the headlines.

January 11, 2022

Republicans need to focus on an America that offers opportunity, not repression

Liberal overreach helped conservative values triumph in the 2021 elections, but Republicans won't cakewalk to big gains in the midterms.

January 4, 2022

Powell’s hawkish moves are too timid

Facing surging inflation and a Democratic Congress hell-bent for leather on deficit spending, Federal Reserve Chairman Powell offers the weakest possible response to pressures for action.

December 28, 2021