Alexander William Salter is the Georgie G. Snyder Associate Professor of Economics in the Rawls College of Business at Texas Tech University, the Comparative Economics Research Fellow at TTU’s Free Market Institute, and a senior fellow with the American Institute for Economic Research.
“May you live in interesting times,” goes an old saying—usually meant as a curse. When it comes to economics, “interesting” usually means the sky is falling. Inflation reached 7% at the end of 2021, a rate not seen in 40 years. The Federal Reserve’s balance sheet more than doubled to $8.8 trillion since early 2020....
Since the darkest days of the COVID-19 pandemic, 17 states started or extended school choice programs. Sadly, Texas is not one of them. While the Lone Star State is one of the country’s economically freest, it lags others in important areas, including parental control over children’s education. That must change. The 2023 legislative session presents...