Archive - Institutional Economics

May 2025

TACO Tuesday, judgement day for IEEPA and Trump's new war on foreign investment

Plus, a short intellectual history of fiscal policy and interest rates

May 31 •

Stephen Kirchner

Treasury yields, risk premia and institutional quality

May 23 •

Stephen Kirchner

'Peak' tariffs, Trump puts and bond vigilantism

Why the tariffs are disinflationary

May 16 •

Stephen Kirchner

The Trump effect on Australia's federal election

When the narrative identification writes itself

May 9 •

Stephen Kirchner

The first 100 days

Plus, RBA virtue signaling

May 2 •

Stephen Kirchner

April 2025

'Where's Kevin?'

Trump, Powell and a Warsh Fed

Apr 24 •

Stephen Kirchner

Trump is not seeking to make the world safe for free trade

More tariff depredations ahead

Apr 17 •

Stephen Kirchner

Orange Monday's Trump and dump yippy panicans and the springing of the Kindleberger trap

Plus, the RBA's 1991 policy shirk

Apr 11 •

Stephen Kirchner

The Trump tariff "shock" that wasn't

What the US dollar is telling us

Apr 4 •

Stephen Kirchner

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