Economic Judgment Day Richard W. Rahn is a senior fellow at the Cato Institute and chairman of the Institute for Global Economic Growth By Richard W. Rahn This article appeared in The Washington Times on January 22, 2013 EXCERPT FROM THIS ARTICLE: The Departments of Defense, State and Justice are authorized by the Constitution […]
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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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FEBRUARY 24, 2012 ‘Stupid’ and Oil Prices Obama’s Forrest Gump analysis of rising gas prices. ‘The American people aren’t stupid,” thundered President Obama yesterday in Miami, ridiculing Republicans who are blaming him for rising gasoline prices. Let’s hope he’s right, because not even Forrest Gump could believe the logic of what Mr. Obama is trying
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FEBRUARY 6, 2012 The Fed Votes No Confidence The prolonged—’emergency’—near-zero interest rate policy is harming the economy. By CHARLES SCHWAB Mr. Schwab is founder and chairman of the Charles Schwab Corporation We’re now in the 37th month of central government manipulation of the free-market system through the Federal Reserve’s near-zero interest rate policy. Is it
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JANUARY 27, 2012 The Zero Decade The Fed doubles down to reflate the housing market. The two most powerful men in Washington have a big disagreement. No, not President Obama and Speaker John Boehner. We mean Mr. Obama and Federal Reserve Chairman Ben Bernanke, who can’t seem to agree on the health of the U.S.
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JANUARY 25, 2012 Individuals should be free to decide what to produce and consume, and their decisions should be made within a predictable policy framework based on the rule of law. By JOHN B. TAYLOR As this election year begins, a lot of people are wondering what we can do to restore America’s prosperity and
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THE ECONOMIST Unless Germany and the ECB move quickly, the single currency’s collapse is looming Nov 26th 2011 | EVEN as the euro zone hurtles towards a crash, most people are assuming that, in the end, European leaders will do whatever it takes to save the single currency. That is because the consequences of the
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