In a speech in Washington last week I made a proposal to restore the legislative requirement that the Fed report and be accountable for its strategy for monetary policy.
It’s been a banner couple of days for the government of North Korea. First, they revealed a new light water reactor and a fully-fashioned nuclear complex to process more weapons-grade uranium. Then they fired hundreds of rounds of artillery shells at South Korea, killing two
"We are the masters now." I wonder if President Barack Obama saw those words in the thought bubble over the head of his Chinese counterpart, Hu Jintao, at the G20 summit in Seoul last week.
This past weekend Columbia University hosted a conference on the occasion of the 40th anniversary of the famous Phelps volume on the micro foundations of macroeconomics.
Advancing a Free Society is the Hoover Institution’s institutional blog. It serves as a platform for original brief analysis that clarifies and enlightens.