EconomyCommentary
James Grant’s excellent new book, The Forgotten Depression: 1921: The Crash That Cured Itself, tells the story of “America’s last governmentally untreated depression.” Just prior… Read More
EconomyCommentary
The Federal Reserve should stop trying to stimulate the economy for two reasons. First, the policies it has enacted so far have contributed very little… Read More
EconomyCommentary
Renowned author George Gilder recently told an audience at The Heritage Foundation that conservatives have a fundamental problem in their economic ideology when it comes… Read More
EconomyAnalysis
As the number of retailers accepting Bitcoin has increased, more and more people are asking: What is Bitcoin? Here’s an attempt to unravel the mystery…. Read More
EconomyCommentary
My seventh-grade son recently wrote a U.S. History paper extolling the virtues of President Franklin Roosevelt’s New Deal. “It ended the Great Depression,” he wrote… Read More
EconomyCommentary
Japan is flush with national pride this week, thanks to Kei Nishikori, the tennis phenom who knocked off seemingly indestructible Novak Djokovic to reach the… Read More
EconomyNews
Thousands of fast-food workers across 150 cities nationwide gathered today to call for a $15-an-hour minimum wage. However, a report released today by James Sherk,… Read More
EconomyCommentary
New Federal Reserve Vice Chairman Stanley Fischer made headlines yesterday for suggesting that regulators should not arbitrarily start breaking up large banks, and that’s encouraging… Read More
EconomyNews
Rep. Bill Huizenga, R-Mich., wants to lift the “veil of secrecy” he said obscures the dealings of the Federal Reserve. Would enhanced congressional oversight of… Read More
EconomyNews
With 26 legislative days left before the Export-Import Bank’s charter expires Sept. 30, a preliminary count of the agency’s supporters and opponents finds that 40… Read More
EconomyCommentary
Despite massive fiscal and monetary stimulus since the financial crisis, the economy continues to disappoint. The big news this past week was that the BEA… Read More
EconomyNews
Yesterday was the 30th anniversary of Republican Rep. Jack Kemp’s introduction of the Gold Standard Act of 1984—a bill that some regard as the last… Read More
EconomyCommentary
In a recent debate on C-SPAN on the condition of the U.S. economy, my liberal sparring partner observed that the bank bailouts and stimulus plans… Read More
EconomyAnalysis
Janet Yellen’s latest testimony before the Senate Budget Committee confirmed my long-held belief about the Federal Reserve: People give the institution way too much credit…. Read More
This week finance ministers and central bank officials from around the world will converge on Washington for the spring meetings of the World Bank and… Read More
Economy News
Janet Yellen appeared to emerge with her confidence intact this afternoon after her first press conference as chairman of the Federal Reserve. However, stock markets… Read More
In spite of aggressive expansionary Federal Reserve policies and several rounds of fiscal stimulus since 2007, the U.S. economy has yet to take off. Nonetheless,… Read More
A number of U.S. legislators want to give the Obama Administration the power to impose tariffs on imports from countries that manipulate their currencies. Such… Read More
It’s easy to get distracted with news like the guessing game of who will replace Ben Bernanke. But the more important issue is: What is… Read More
Larry Summers withdrew his name from consideration for the next chairmanship of the Federal Reserve. The office currently occupied by Ben Bernanke wields enormous power… Read More
American regulators yesterday agreed, both internally and with the European Union, on how to deal with the trading of financial derivatives beyond U.S. shores. The… Read More
The finance media are discovering that China has trapped itself with bad monetary policy, joining a long list of countries in this situation. The media… Read More
Currency manipulation is the issue that never dies. No matter how many times the link between exchange rates and American jobs is shown to be… Read More
News
Definition of an American neo-conservative: A liberal mugged by reality. The new poster child for the budding European neo-conservative: Oskar Lafontaine? Lafontaine, German history majors… Read More
EconomyNews
Do the risks from the Federal Reserve’s trillion-dollar annual stimulus program justify the rewards? That was the central question at Tuesday’s Senate Banking Committee hearing… Read More
The National Small Business Association’s economic report finds, “The growing national debt is the number one thing small businesses thin[k] Congress and the administration should… Read More
The Federal Reserve Board today announced the introduction of yet another hyper-aggressive monetary policy, dubbed “QE4” by some for the fourth round of quantitative easing…. Read More
How did Greece get into its fiscal situation? It’s best explained in a parable. Helen is an elegant, if somewhat faded, woman of a certain… Read More
In this special Heritage podcast, listen to distinguished Stanford economist John Taylor discuss his new book, First Principles: Five Keys to Restoring America’s Prosperity. PODCAST:… Read More
My recent post explained why President Obama’s newly proposed $447 billion spending package aimed at boosting total demand is doomed to fail. Some commenters offered… Read More
