Peter Morici
Columns by Peter Morici
Federal courts, not state ones, should decide congressional redistricting disputes
The U.S. Supreme Court is considering whether state legislatures have ultimate authority for drawing congressional district boundaries or those can be appealed to state courts. Published March 14, 2023
Biden’s losing Cold War strategies
The United States is in a new Cold War with China -- and something more with Russia -- but President Biden's overreliance on sanctions and protectionism is self-defeating. Published March 7, 2023
There can be no genuine budget discipline without entitlement reform
Inflation is proving tougher to curb than Federal Reserve Chairman Jerome Powell anticipated or, with an eye toward the next election, President Biden is inclined to admit. Published February 28, 2023
What America needs to hear from Ron DeSantis
American presidential politics needs a shake-up. Enter Florida Gov. Ron DeSantis. Published February 21, 2023
ChatGPT is coming for your soul
OpenAI's third edition of ChatGPT is impressive -- and frightening. Published February 14, 2023
Put an end to hard left’s debt ceiling demagoguery
Americans are enduring another episode of debt ceiling demagoguery. Published February 7, 2023
Refuse child tax credit to adults who won’t work
With Republicans and Democrats holding slim majorities in the House and Senate, budget negotiations will involve a lot of horse-trading. Published January 31, 2023
Fed must keep raising interest rates until inflation is at or below 2%
These days an economist can't cross the street without being asked if a recession is coming. The answer depends on how much inflation we are willing to tolerate. Published January 24, 2023
World Trade Organization is worse than useless
The World Trade Organization is failing in its mission. Published January 17, 2023
Confronting Russia and China requires offensive weapons for Ukraine
During the Cold War and its aftermath, U.S. security policy has been premised on defensive alliances -- NATO and similar arrangements in the Middle East and Asia. Published January 10, 2023
The darkness before America’s bright new economy
Holiday parties were tough for economists. Published January 3, 2023
Making friends with robots
Ever since the wheel, Luddites have warned that new technologies spell doom. Published December 27, 2022
House Republicans should offer an agenda for ‘One America’
The Republican House now must offer a governing agenda, and with a Democratic Senate, that's no easy task. Published December 20, 2022
Now progressives want to shrink the global economy
Humanity is at risk of multiple Armageddons. Published December 13, 2022
America needs to rebuild the foundations of Western security
The war in Ukraine is teaching the West some hard lessons about globalization, multilateralism and authoritarian states. Published December 6, 2022
Fed’s Powell should say less and stay the course to quell inflation
The Federal Reserve should do more, say less and be more modest. Published November 29, 2022
Democracy still stands—perhaps
We've had our midterm elections and despite President Biden's alarmism, our democracy proved robust. Published November 23, 2022
The new normal after Powell quells inflation won’t be pretty
The Federal Reserve's quick raising of interest rates is disrupting stock and bond markets, and multiplying default risks for corporate and developing country debt. Published November 15, 2022
Don’t expect Sunak to fix the U.K. economy
Prime Minister Rishi Sunak may give financial markets what they want -- spending cuts to slash the government deficit -- but not what Britons need -- a path to growth and prosperity. Published November 8, 2022
Culture, shared purpose and trust are critical for America’s prosperity
The midterm elections highlight Americans' frustrations with inflation and the general direction of the country -- with major factions wanting quite different new destinations. Published November 1, 2022