What might happen with tariffs, trade, currency manipulation, interest rates, employment, immigration, and the economy over the next year.

San Francisco supervisors thought they had designed a wealth tax that would hit only those benefiting from the initial public offerings (IPOs) of highly successful San Francisco technology businesses, such as Uber, Pinterest, and Airbnb, among others. Tech companies often compensate employees partially with stock, whose values can rise enormously in an IPO.

If one rummages through economic theories, one finds three powerful ideas that show why education is important for society. Firstly, education ‘converts’ humans into human capital. This makes us productive and creative.

Greg Mankiw posted a clever graph a month ago, which he titled "The Phillips Curve is Alive and Well."