Economic Theory

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The Economic Nuances of the Latest Nobel Laureate
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Economic Crisis
John Taylor's Reply to Alan Blinder
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In the News

Fed treads a fine line between perils

with John B. Taylorvia Financial Times
Monday, September 17, 2007

If Alan Greenspan is right, Ben Bernanke and his colleagues at the Federal Reserve – who meet on Tuesday to set interest rates – have an even tougher decision to make than most people think...

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In the News

Bernanke will prove sterner than Wall Street thinks

with Milton Friedmanvia Telegraph
Monday, September 17, 2007

A self-deprecating professor, Ben Bernanke joked on taking over the Federal Reserve last year that he had never run anything beyond deciding "whether to serve tea or coffee" at the Princeton faculty meetings...

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In the News

Gaia Online Launches Council of Economic Advisors, Revamps Marketplace

with Milton Friedmanvia PRWeb
Monday, September 17, 2007

Gaia Online, the leading online hangout for teens, today announced that it has created a Council of Economic Advisors to be comprised of industry experts, academics, and other specialists to provide on-going analysis and guidance with respect to Gaia's virtual economy...

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In the News

Cackling on the Right: Alan Greenspan Again?

with Milton Friedmanvia Huffington Post
Monday, September 17, 2007

Since Alan Greenspan is now selling a book, his publicity crank is turning fast and hard and his face is everywhere, a friendly old mask as inscrutable as the syntax he was fond of throwing out at the American public during his years as head of the Federal Reserve...

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In the News

Big-shot economist to advise teen virtual world 'Gaia Online'

with Michael J. Boskinvia CNET News
Monday, September 17, 2007

What might you expect to be the next career move for a man whose resume includes stints as a U.S. Council of Economic Advisors chairman, a Hoover Institution senior fellow and a Stanford University economics professor?

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In the News

A ‘Disappointed’ Greenspan Lashes Out at Bush’s Economic Policies

with John B. Taylorvia New York Times
Sunday, September 16, 2007

After nearly two decades as chairman of the Federal Reserve, Alan Greenspan wants to solidify his standing in history...

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In the News

Vindu's View: Valley's global reach keeps local economy stable

with John Shovenvia San Jose Mercury News
Sunday, September 16, 2007

Economic prognosticators are uttering the second-ugliest word they know: recession...

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In the News

Rules vs. Authority in Central Bank (and Other) Policies

by Gary S. Beckervia Becker-Posner Blog
Sunday, September 16, 2007

There is tremendous speculation about how much, if at all, the Fed will reduce the federal funds rate at its meeting next week on Sept. 18th...

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In the News

Cutter, Sinker, Saver

with Milton Friedmanvia Opinion Editorial (VA)
Sunday, September 16, 2007

Lessons occasionally spawn change, and today’s lesson du jour remains the fact that the U.S. cannot continue to sustain so monstrous a national debt in a globalized economy...

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In the News

Greenspan attempts to shore up legacy at Fed, but some blame him for credit crisis

with John B. Taylorvia Independent
Friday, September 14, 2007

Alan Greenspan is preparing to hit the publicity trail to promote his eagerly awaited memoirs, just as the feted former chairman's tenure at the US Federal Reserve is facing a revisionist onslaught...

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Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple