Peter Morici

Strict curbs on artificial intelligence would hurt striking writers and actors

Hollywood actors and writers are striking an industry in crisis. The dilemmas all face are a dress rehearsal for how Americans will cope with the growing gig economy and artificial intelligence. Published August 1, 2023

How to invest in a high-inflation, high-interest-rate environment

The Federal Reserve has pushed interest rates to their highest level in two decades. The relevant investing question is not how high those will go, but where interest rates will settle once the Fed is done. Published July 25, 2023

Whether decoupling or de-risking, trading with China will remain perilous

Presidents Trump and Biden don't share a lot in terms of style or substance, but in two areas, continuity prevails: a commitment to limiting the risks of doing business with China and a suspicion of unmanaged, market-driven globalization. Published July 18, 2023

Biden-Powell economic policies continue to fail

Inflation is proving one tough dragon to slay. Published July 11, 2023

Failing to back NATO membership for Ukraine, U.S. cedes Pacific to China

The United States is dangerously close to ceding the Pacific and global economic leadership to China by not providing Ukraine with adequate long-term security commitments and weapons to dislodge the Russian army. Published July 4, 2023

Americans will rue the day Fed paused interest rate increases

The Federal Reserve's pause in interest rate increases opens the door to stagflation. Published June 27, 2023

Biden debt ceiling deal boots fiscal crisis to the next president

The recent agreement to suspend the debt ceiling until 2025 was a political win for President Biden -- it burnished his image as a bipartisan dealmaker -- but it's an economic disaster. Published June 20, 2023

Biden’s protectionism drives emerging economies into China’s hands

America, NATO and our Pacific allies have been dragged into a new era of hostility with a loose alliance of autocratic states: China, Russia, North Korea, Iran and perhaps now Saudi Arabia. Published June 13, 2023

Biden reelection bid in trouble, but GOP hopefuls offer little challenge

Measured by legislative accomplishments, President Biden is the most successful president since Ronald Reagan, but he faces skeptical voters in his bid for reelection. Published June 6, 2023

Putin has made rules giving him best chance of winning in Ukraine

The Ukrainian army is about to launch its counteroffensive to take back territory in the east and south and cut off Crimea from occupying Russia. Published May 30, 2023

Don’t panic about China’s or America’s falling birthrates

China shocked the world earlier this year with news its population fell in 2022, For the first time since the Maoist famines, deaths outnumbered births and the headcount slipped by 850,000 to a mere 1.41 billion. Published May 23, 2023

Powell’s risks of pausing interest rate increases too soon

Earlier this month, Federal Reserve policymakers again raised interest rates but indicated they are prepared to pause any further tightening. Published May 16, 2023

Biden’s industrial policy will create bureaucratic morass

It's long overdue, but America has a 21st-century industrial policy. Unfortunately, it could do more harm than good. Published May 9, 2023

Leveraging European markets to end war in Ukraine and ease tensions over Taiwan

The United States needs detente with China in the Pacific -- lest the new Cold War morph into a kinetic conflict over Taiwan and control of the maritime commerce through the vital South China Sea. Published May 2, 2023

Tougher bank regulations won’t head off next financial crisis

The Silicon Valley Bank collapse has provoked the usual caterwauling about bank regulation. But tougher rules could do more harm than good and likely won't avert the next crisis. Published April 25, 2023

America would be lucky to have only a cold war with China

Foreign policy elites are fretting about a cold war with China, but we should be thankful if that's all we get. Published April 18, 2023

Powell faces tough road maintaining independent Federal Reserve

Federal Reserve Chairman Powell faces a tough road fending off politicians who like easy money, maintaining stability in the banking system and lowering inflation to 2%. Published April 11, 2023

How to fix banks without more regulation

The Silicon Valley Bank debacle should not be a siren call for more bank regulation. Published April 4, 2023

West needs new trade system to confront threats posed by Russia and China

Business leaders, politicians and intellectuals are bewailing death threats to globalization and blaming populists and nationalists like former President Donald Trump for erecting barriers to commerce. Published March 28, 2023