This Week in Economics: 4 Stories You Should Know About

The U.S. economy showed surprising strength in the first quarter of 2019, with initial estimates of GDP growth coming in at a solid 3.2 percent, and more significantly, year-over-year productivity growth hit 2.4 percent — the highest reading since 2010. National Economic Council Director Larry Kudlow summed it up best when he said the latest economic data shows the administration is “killing it on the economy,” and President Trump’s economic approval rating has hit a new all-time high. The U.S. economy is off to a great start this year. Here are some economic stories to look out for as we

Conservatives Combat Leftist Smear Campaign Against Stephen Moore

Over the past three decades, there has arguably been no greater public champion of free market economics than Stephen Moore. Therefore, it’s no surprise that the Left lost its collective mind over Trump’s nomination of Moore to the Federal Reserve Board of Governors. But rather than oppose Stephen Moore due to his views on the true cause of inflation (hint: it’s not economic growth, as widely believed at the Federal Reserve), the merits of a rules-based monetary policy, or the need for a more transparent central bank, they have resorted to re-litigating divorce filings and scrutinizing his decades-old tenure at

Trump Taps Supply-Side Champion Stephen Moore for Fed Board

Influential supply-side economist Stephen Moore has been nominated by President Trump for a seat on the Federal Reserve Board of Governors. His decades of research, writing, and championing of supply-side economics make him the perfect pick to fill one of the most important economic positions in the U.S. Stephen Moore’s legacy as a leader in the supply-side movement dates back to his efforts leading President Reagan’s Privatization Commission. He has advised think tanks including the Heritage Foundation, the Cato Institute, and FreedomWorks on economics, and he founded the Club for Growth as well as the Committee to Unleash Prosperity. Most