President Trump’s decision to include his signature on stimulus checks has struck many as unseemly, even unconstitutional. From the perspective of US history, it could have been worse. If not for a colourful little episode during the Civil War, Trump may have had the leeway to go bigger, putting himself on actual money. But he can’t — thanks to a ...

Now that Bernie Sanders has dropped out of the presidential race and endorsed presumptive candidate Joe Biden, it’s worth considering just how profoundly Sanders seems to have shifted the policy landscape. Despite the rise of inequality and other long-term economic problems, a majority of Democrats probably felt too comfortable with the current system to embrace revolutionary change. Although the Sanders ...

The US government’s Paycheck Protection Program (PPP) provides forgivable loans to small businesses, mainly to pay their employees during the current sudden stop. News that it has run out of money is more than a big setback to the well-being of the economy. It’s also a serious health obstruction and, unlike many related concerns, one that can and should be ...