The Fed chair points to high unemployment and low inflation as the reason why help is needed, yet gave no specific details
To understand politics’ anti-incumbency, look no further than the economy’s anti-recovery.
Even as they accuse others of manipulative practices, nations are increasingly taking steps to weaken their own currencies in a bid to boost exports.
Nobel for explaining why markets fail - MarketWatch
Peter Diamond of MIT, Dale Mortensen of Northwestern and Christopher Pissarides of the LSE were honored for their insights into unemployment
Why are stocks rallying on bad economic news? Because that bad news is increasing the likelihood that Republicans will win big in November.
Obama’s reliance on class-warfare and statism punishes success and hinders recovery.
U.S. consumer confidence fell to its lowest level in seven months in September, underscoring lingering worries about the strength of the economic recovery
Keynesianism isn’t working. Freezing spending, tax rates and regulations would be a much better solution to our economic problems.
Max Borders responds to Ian Fletcher’s criticisms of free trade.
We should be cutting taxes and increasing spending. We can worry about the debt later.
OPINION: Killing Keynesianism? - Washington Times
With government already so large, stimulus spending has little effect
Japan acts to weaken Yen - NYT
The move is a bid to protect its export-led economy, intervening in international currency markets for the first time since 2004
We need to cut taxes and spending, not just taxes.
Would John Maynard Keynes himself even agree with the Obama administration’s policies?
Profits up, rates down, tax cuts, and a stock rally. Things are looking up.
Rising job losses and ‘unusual uncertainty’ within the economy have prompted the Federal Reserve and other major financial institutions to slash growth projections for the rest of 2010
Lower inflation is a good thing, but lower growth is not.
About 81 million out of the roughly 620 million economically active youth between the ages of 15-24 worldwide were out of a job, a statistic that has analysts warning of a ‘lost generation’
The Democrats remain ignorant of the economic power of saving and investment
Americans are buying more computers, televisions, and ipods rather than purchasing furniture and other household equipment