Jack McPherrin is the managing editor of 1818 Magazine. Jack works as the research editor for the Editorial Department of The Heartland Institute, where he also contributes to the mission of the Socialism Research Center as a research fellow. He is in the final stages of completing his Master’s Degree in International Affairs from Loyola University-Chicago, where his myriad research interests primarily encompass domestic and international economic policy, global institutions, authoritarian regimes, and foreign affairs - with a particular emphasis upon Russia and China. Prior to his graduate pursuits, Jack spent six years in the private sector after graduating from Boston College with a dual Bachelor's Degree in Economics and History. He currently resides in the Lincoln Park neighborhood of Chicago, a few short miles from where he was raised.
On May 10, President Biden said that fighting ever-worsening inflation—sitting at 8.3 percent as of the just-released April Consumer Price Index (CPI) report—is his “top domestic priority.” He promised, “All of my plan is focused on lowering costs for the average family in America, to give them just a little bit of breathing
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Sustainable investing has become the hottest trend in the global financial community, corresponding to the chorus of calls for businesses to be more “socially responsible.” Environmental, social, and governance (ESG) scores are
The U.S. dollar so far has managed to withstand a withering assault
In March, inflation jumped 8.5%, the biggest spike since 1981. Economic growth
Despite increasingly strident public outcry from the targets of the IMF’s counterproductive conditional lending program, as well as the international community in general, the IMF remained largely aloof concerning institutional reform. In
Two vastly important geopolitical developments have dominated the international spectrum in recent months – the escalating crisis in Ukraine, and the ever-increasing diplomatic and economic synergy between Xi Jinping’s China and Vladimir
The fiscal and monetary policies enacted by both the Trump and Biden administrations in response to COVID-19 have encompassed an unprecedented level of government spending, with desultory impacts on our country’s economic
Economic sanctions are still used as a primary foreign policy instrument of many world leaders, especially U.S. presidents – who can implement them via executive order with the simple stroke of a
As discussed in the prior article, the International Monetary Fund (IMF) found itself with little purpose after President Nixon removed the gold standard, and the Bretton Woods international financial system became defunct.
The International Monetary Fund (IMF) is an international intergovernmental organization currently comprised of 190 diverse sovereign states “working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment
Is the territorial integrity of Ukraine a cause worth America’s fighting a war with Russia? No, it is not. And this is why President Joe Biden has declared that the U.S. will
In recent years, American politics has been plagued with mutual assertions on both sides of the aisle that the other party is pursuing a fascist agenda. It would therefore behoove many –
Corporate Social Responsibility, ESG Scores, and China’s latest foray into totalitarianism via its Social Credit System share significant commonality. Each system engenders the same erosion of individual liberty via the propagation of
