Michael R. Strain

Michael R. Strain

Michael R. Strain, Director of Economic Policy Studies at the American Enterprise Institute, is the author of The American Dream Is Not Dead (But Populism Could Kill It)

The Fed's Wrong Move

Judging from the labour market, price inflation, consumer spending, and overall economic activity, a 4.4% federal funds rate did not seem to be significantly restraining consumers and businesses.

Michael R. Strain

September 18, 2025 at 12:05 PM IST

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Federal Reserve Bank of Kansas City

Is Trump About to Fire the Fed Chair?

The Fed’s independence has been one of the most important and stabilizing developments in economic policy in decades. Trump would hurt businesses and households by damaging it.

Michael R. Strain

July 22, 2025 at 3:17 AM IST

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US Federal Reserve

Should We Have Faith In Markets?

In a market economy, hard work pays off: productivity largely determines compensation. When effort is rewarded, people have agency and can practice the virtue of personal responsibility.

Michael R. Strain

June 20, 2025 at 10:45 AM IST

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PIB

Leo XIV And The Pro-Market Tradition Of The Church

Leo XIV occupies the Chair of Saint Peter at a time when the moral foundations of free markets are under attack.

Michael R. Strain

May 13, 2025 at 12:28 PM IST

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JacobTheRox/Via WikiCommons

Trump's Tariffs Won't Bring Back Manufacturing Jobs

Trump’s trade war will not revive manufacturing employment. It will do the opposite, all while raising consumer prices, slowing economic growth, and increasing unemployment.

Michael R. Strain

April 21, 2025 at 4:00 PM IST

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The Bureau

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Jallikattu: Tamil Nadu’s Ancient Bull-Taming Tradition
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