Sven R Larson, Ph.D., has worked as a staff economist for think tanks and as an advisor to political campaigns. He is the author of several academic papers and books. His writings concentrate on the welfare state, how it causes economic stagnation, and the reforms needed to reduce the negative impact of big government. On Twitter, he is @S_R_Larson and he writes regularly at Larson’s Political Economy on Substack.
Euros & Dollars: Lower Inflation Opens for ECB Rate Cut

Euros & Dollars: Lower Inflation Opens for ECB Rate Cut

Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.

February 13, 2024
Freedom, America, and Robert Nozick

Freedom, America, and Robert Nozick

It has been 50 years since Robert Nozick’s Anarchy, State, and Utopia was published. This is a good year for both libertarians and conservatives to re-read it.

February 10, 2024
Euros & Dollars: The Reliability of GDP Statistics

Euros & Dollars: The Reliability of GDP Statistics

The system that is used to measure a nation’s economy is so complex that it would take a group of national-accounts experts to even attempt to forge the data.

February 9, 2024
Euros & Dollars: America’s Creditors Are Getting Uneasy

Euros & Dollars: America’s Creditors Are Getting Uneasy

There are two quiet trends at work in the market for U.S. debt that analysts normally do not pay attention to. They should: if these trends continue, there will be turmoil in the market.

February 8, 2024
Euros & Dollars: Slovakia Tiptoes Toward Spending Reforms

Euros & Dollars: Slovakia Tiptoes Toward Spending Reforms

There is a big need for structural reforms to the Slovakian welfare state. Such reforms require a level of political leadership that Europe so far has only seen in Hungary.

February 7, 2024
Euros & Dollars: Russia Beats Europe in GDP Growth

Euros & Dollars: Russia Beats Europe in GDP Growth

Questions have been raised about the veracity of the IMF report showing Russian economy outperforming the West. But it is extremely difficult to falsify GDP data.

February 6, 2024
The Truck: A Rolling Symbol of America

The Truck: A Rolling Symbol of America

We Americans hate compromises. If we can’t get everything today, we invent a way to get everything tomorrow. That is why we love our trucks.

February 3, 2024
Euros & Dollars: Central Banks Say ‘Wait and See’ to Rate Cuts

Euros & Dollars: Central Banks Say ‘Wait and See’ to Rate Cuts

Despite differences in inflation rates and macroeconomic trends, many central banks make their policy decisions based on what the Federal Reserve does.

February 2, 2024
Euros & Dollars: U.S. Treasury Is Finally Waking Up

Euros & Dollars: U.S. Treasury Is Finally Waking Up

Finally, the U.S. Treasury is doing something to curb the rise in debt costs. But is it too late already to prevent a fiscal crisis in America?

February 1, 2024
Euros & Dollars: Hungary’s Central Bank Cuts Interest Rates

Euros & Dollars: Hungary’s Central Bank Cuts Interest Rates

This was a bold move by one of Europe’s best-run monetary authorities.

January 31, 2024
Euros & Dollars: Still No U.S. Recession in Sight

Euros & Dollars: Still No U.S. Recession in Sight

Those who expect a U.S. recession will have to wait a little longer, but there are some details in the latest GDP numbers that suggest an economic downturn is indeed on its way.

January 30, 2024
Trump the Winner? Not So Fast

Trump the Winner? Not So Fast

Many Republicans have declared Trump the presumptive winner of the Republican primaries. They may have spoken too soon. New Hampshire opened a victory path for Nikki Haley.

January 27, 2024