Many people today are unfamiliar with the term “Great Depres­sion” and the profound signifi­cance it holds in global history. The Great Depression, which began in 1929 and lasted through the 1930s, ...

The Great Recession didn't just change the economy-it quietly reshaped how people think about money, jobs, and security. Its impact still shows up in everyday decisions, often without us realizing.

Various forces shape individuals' economic classes beyond income, such as education level, marital status, home ownership status, the ability to take vacations and more. 54% of Americans self-identify ...

Since this issue of Faster, Please! also includes a Q&A, I’m going to keep the essay short. That said, the essay hardly unrelated to the Q&A (below) about America’s recent startup boom. New companies ...

The US economy has experienced two terrible economic crises in the past decade and a half. The first was the 2008-09 financial crisis, which ushered in the first deep recession in a quarter-century.

A Pew Research study found about 51% of Americans were living in middle-class households in 2023, down from 61% in 1971. But ...

Indiana’s 2025 legislative session offered a valuable pair of economic lessons. The first is that there are no perfectly good or bad policies, only trade-offs. The second is that the cost of anything ...

There’s been much talk of federal spending this year. Two of us have written on the flow of federal resources, and how locals prepare for major shifts. As we have noted, a critical part of federal ...

When President Obama came to office, he pledged to focus governance on what works and not on ideology. This approach to government comes out clearly in his book, "The Audacity of Hope: Thoughts on ...