Spending didn’t speed the last recovery, but Biden’s team is keen to keep the money flowing endlessly. By Phil Gramm and Mike Solon Jan. 3, 2021 1:18 pm ET When President Obama’s last Treasury secretary, Jack Lew, made the extraordinary claim that the Obama economic recovery failed because Washington “stopped [spending] too soon...

In the 1840s, Dickens didn’tsee how businessmen like his hero were already lifting mankind from poverty. By Phil Gramm and Mike Solon Dec. 23, 2020 5:36 pm ET No Christmas story except the biblical account of Jesus’ birth has been more often retold or more cherished than Charles Dickens’s “A Christmas Carol,” published...

Like the 1994 election, voters have chosen divided government—and issued a mandate for compromise. By Phil Gramm and Mike Solon Nov. 17, 2020 1:06 pm ET Republicans and Democrats campaigned on very different platforms this year, and the American people seem to have had their own agenda. By electing a divided government, Americans...