Peter Jacobsen

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Why DOGE Should Leave the Penny Alone

It’s been reported that Elon Musk’s Department of Government Efficiency (DOGE) is looking at changing money forever. Musk’s plan? Kill…

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Why Ending USAID Is Huge, Even If It’s a Small Part of the Budget

Elon Musk’s DOGE is signaling the end of the United States Agency for International Development (USAID). The USAID website is…

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Trump Issues Executive Order on Crypto and Central Bank Digital Currencies

Trump’s first weeks in office have involved a flurry of executive orders. Some have been dramatic, such as the federal…

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New Study Shows Why ‘Taxing the Rich’ Isn’t So Straightforward

A common rallying cry on the left is that we can fund our social programs if we just “tax the…

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Zuckerberg Is Removing Fact-Checkers. Did He Just Have a Change of Heart?

Meta, Facebook and Instagram’s parent company, recently made a big announcement: the platforms are going to stop fact-checking user posts.…

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Do Traffic Tickets Make Us Drive More Safely?

For “Ask an Economist” this week, I have an interesting question from Stephen P. about the effect of traffic ticketing…

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Breaking down MMT’s Guaranteed Jobs Scheme for Fighting Inflation

For “Ask an Economist” this week, I have a question from John O. about Modern Monetary Theory (MMT). I’ve purposefully…

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Why Not Deflation?

This week for Ask an Economist, I have a question from Wilson. Wilson rightly notes the Federal Reserve targets an…

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Interest on the National Debt—Who Does It Go To?

This week, to start off “Ask an Economist” for the year, I have a question from Stan K. about the…

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In Memory of Dr. James Gwartney (1940–2024)

A couple of weeks ago, I was informed of the passing of Dr. James (Jim) Gwartney. Professor Gwartney was a…

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