Peter Morici is a professor at the Smith School of Business, University of Maryland, and former Chief Economist at the U.S. International Trade Commission.
Greece will never be able to repay all it owes—and the sooner its creditors accept that, the better for everyone, says Peter Morici.
The 223k jobs created in April was weaker than the 2014 average. And that puts the Fed in a tough spot, says economist Peter Morici.
The nuclear deal struck with Iran will prove unenforceable for one reason — economics, says Peter Morici.
The tax system is unfair, it kills jobs, and gives some an unfair advantage. It's time to ax the income tax, says Peter Morici.
Germany has been sacking Greece and other Mediterranean economies for years, and the Hellenic revolt against austerity is overdue, says Peter Morici.
Ronald Reagan had to dig out of a recession, too — but GDP growth at this point in that recovery was twice what Obama is delivering now.
Here are five reasons why Americans reduced their spending binge on Black Friday this year.
President Obama's well-intended policies to resuscitate the economy are making the inequality gap a lot worse, said economist and professor Peter Morici.
Obama promised the Affordable Care Act would save families $2,500 a year. That was flimflam bait, said economist and professor Peter Morici.
Because the president is unwilling to compromise on almost anything, the GOP was left with no other options, says Peter Morici.