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Peter Morici

Peter Morici

Peter Morici is an economist and business professor at the University of Maryland, and a national columnist. He can be reached at pmorici@umd.edu.

Columns by Peter Morici

Federal Reserve Chairman Jerome Powell testifies before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Dec. 2, 2020. (Greg Nash/Pool via AP)

Inflation could prove Biden’s toughest economic challenge

Inflation may soon rear its ugly head, and President Joseph R. Biden and Federal Reserve Chairman Jerome Powell will find it more difficult to control than their spending plans and recent ruminations indicate. Published January 25, 2021

Joe Biden must find America’s lost soul illustration by The Washington Times

Joe Biden must find America’s lost soul

Joe Biden's biggest problems are not China's quest for empire, an overtaxed infrastructure or the wave of Central Americans marching to our southern border. It's America's lost soul . Published January 19, 2021

Illustration on investing in the Biden era by Linas Garsys/The Washington Times

Investing money in a post-pandemic Biden era

We face a tough COVID-19 winter as supply chain bottlenecks slow vaccine rollouts, urban centers remain virtual ghost towns and the disaffected and jobless express outrage with demonstrations and dumpster fires. Published January 7, 2021

This March 29, 2018, file photo shows the Facebook logo on screens at the Nasdaq MarketSite, in New York's Times Square. (AP Photo/Richard Drew, File)

Government’s case against Facebook is bad economic policy

The Federal Trade Commission with 47 states are suing Facebook for allegedly squelching competition by acquiring startups, and seeking divestiture of Instagram and WhatsApp. The suit is fundamentally flawed and bad economic policy. Published December 20, 2020

Illustration on the need for effective judicial reform by Linas Garsys/The Washington Times

A Biden commission on judicial reform won’t fix what’s broken

Should the Democrats win both runoff elections in Georgia and gain control of the Senate, President-elect Joe Biden and Democratic leaders will come under considerable pressure from their more radical party members to pack the U.S. Supreme Court. Published December 13, 2020

Don't lose confidence in the election process illustration by The Washington Times

Republicans must move to the center to win the midterm elections

Democrats sought to fundamentally restructure American democracy -- pack the Senate by granting statehood to a federal district one-eighteenth the size of Rhode Island and turn the U.S. Supreme Court into a House of Lords. Published December 4, 2020

In this March 26, 2020, file photo, an indoors sitting bar is closed inside the Gelson's Market in the Los Feliz neighborhood of Los Angeles. Los Angeles County announced new coronavirus-related restrictions Sunday, Nov. 22, 2020, that will prohibit in-person dining for at least three weeks as cases rise at the start of the holiday season and officials statewide begged Californians to avoid traveling or gathering in groups for Thanksgiving. LA County's new rules take effect Wednesday at 10 p.m., restaurants, breweries, wineries and bars will only be able to offer takeout, drive-thru, and delivery services. (AP Photo/Damian Dovarganes, File)

Biden must make a COVID-19 stimulus bill happen now

"It was the best of times, it was the worst of times," the oft-quoted opening line from "A Tale of Two Cities," is an apt description of the American economy. And we know how those times ended -- in revolution. Published December 1, 2020