Professor Peter Morici, of the Robert H. Smith School of Business at the University of Maryland, is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals, including the Harvard Business Review and Foreign Policy. Morici has lectured and offered executive programs at more than 100 institutions, including Columbia University, the Harvard Business School and Oxford University. His views are frequently featured on CNN, CBS, BBC, FOX, ABC, CNBC, NPR, NPB and national broadcast networks around the world.
If doubling economic growth is good for stocks, Wall Street should want a Republican in the White House.
The future of mankind is going to be much better than advertised. Here are some predictions.
China, India and other developing countries were asked to do too little at the Paris Climate Conference, putting the U.S. economy and workers at a disadvantage.
From similar starting positions, Ronald Reagan's recovery wholly outperformed Barack Obama's.
Is the U.S. economy headed down again? Hardly.
This is the best economic time for the central bank to finally raise interest rates.
Fed policymakers think U.S. inflation will rise as oil and labor markets tighten and rock-bottom rates impose significant cost on seniors and significant distortions on investment choices and asset prices.
A rate increase won't harm growth and jobs creation, which is why the Fed will be raising rates later this year.
Immigrants make the economic pie bigger -- but when they compete for the same jobs as native workers, they can also drive down wages in those occupations.
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