THE WASHINGTON TIMES THE FEDERAL RESERVE’S WOEFUL CENTURY By Thomas V. DiBacco Thomas V. DiBacco, professor emeritus at American University, is author of “Made in the U.S.A.: The History of American Business” (Beard Books, 2003). December 22, 2013 Today marks the 100th anniversary of the Federal Reserve Act, the history of which mirrors the […]
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THE WALL STREET JOURNAL Confessions of a Quantitative Easer By Andrew Huszar Mr. Huszar, a senior fellow at Rutgers Business School, is a former Morgan Stanley managing director. In 2009-10, he managed the Federal Reserve’s $1.25 trillion agency mortgage-backed security purchase program. Nov. 12, 2013 I can only say: I’m sorry, America. As a
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THE WALL STREET JOURNAL Book Review: ‘The Map and the Territory,’ by Alan Greenspan Alan Greenspan argues that Wall Street didn’t predict the 2008 crisis because it paid scant attention to the insights of behavioral economics. Burton G. Malkiel Oct. 22, 2013 EXCERPT FROM THIS ARTICLE: Bubbles and crashes will always be characteristics of free-market
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If you are looking for a good, easy to read book on why the U.S. recovery has been so painfully slow, Frank Roche’s new book, ‘The Five Structural Barriers to American Strength and Prosperity’ will lay out the 5 main reasons that are holding our country back. The policies that our government have
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THE WASHINGTON TIMES DECKER: 5 Questions with BB&T’s John Allison ‘It’s easier for government to control a few large institutions’ By Brett M. Decker– Brett M. Decker, former Editorial Page Editor for The Washington Times, was an editorial page writer and editor for the Wall Street Journal in Hong Kong, Senior Vice President of
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Published on The Weekly Standard (http://www.weeklystandard.com) Money for Nothing Who caused the financial collapse? Just about everyone. Lewis E. Lehrman January 14, 2013, Vol. 18, No. 17 The Financial Crisis and the Free Market Cure – Why Pure Capitalism Is the World Economy’s Only Hope by John A. Allison, McGraw-Hill 320 pages, $28 EXCERPT
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Published on The Weekly Standard (http://www.weeklystandard.com) We’ve Been ZIRPed The perils of the zero interest rate policy. Andy Kessler December 24, 2012, Vol. 18, No. 15 EXCERPT FROM THIS ARTICLE: Savers are getting ripped off. Interest rates are near zero, yet the inflation rate as of October 2012 was 2.2 percent, which means real
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September 17, 2012 The Magnitude of the Mess We’re In The next Treasury secretary will confront problems so daunting that even Alexander Hamilton would have trouble preserving the full faith and credit of the United States. By George P. Shultz, Michael J. Boskin, John F. Cogan, Allan H. Meltzer and John B. Taylor – The
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