Economic Theory

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In the News

Sub-prime and monetary policy

with Milton Friedmanvia Business Standard (India)
Friday, September 14, 2007

The central bank, as we know it, evolved in the wake of the financial panic of 1907 in the US when a private banker, J P Morgan, was called upon to bale out the financial system by injecting liquidity in financial markets...

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...

In the News

Shhh! It's a secret

with Robert J. Barrovia Atlantic
Thursday, September 13, 2007

At least I hope so...

In the News

Bernanke Spurns Greenspan Quick Fix, Seeking Data, Deliberation

with Milton Friedmanvia Bloomberg
Thursday, September 13, 2007

Alan Greenspan trusted his instincts...

In the News

China Is Fiddling While Its Economy Overheats

with Milton Friedmanvia Bloomberg
Wednesday, September 12, 2007

Chinese inflation is at a 10-year high and what do economists expect officials in Beijing to do?

In the News

More room

by Russ Robertsvia Cafe Hayek
Wednesday, September 12, 2007

I spoke too soon...

In the News

Who pays the price?

with Milton Friedmanvia Washington Times
Wednesday, September 12, 2007

Nestled in the middle of the Alps, this is about as scenic as a place can be...

In the News

Those Crazy Supply-Siders

with Milton Friedmanvia American Spectator
Tuesday, September 11, 2007

If you believe tax cuts are generally good for the economy, you are probably not as smart as Jonathan Chait...

In the News

If only Niall Ferguson had been your mortgage banker (instead of that Mozilo guy)

with Niall Fergusonvia Time Magazine
Monday, September 10, 2007

Back in July, in Countrywide Financial's quarterly earnings conference call, CEO Angelo Mozilo uttered these memorable words...

Analysis and Commentary

Courting the Middle Class

by Liam Julianvia National Review Online
Monday, September 10, 2007

Lowering interest rates won’t help send poor kids to college...

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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