If the late Nobel laureate Milton Friedman could speak out from the great beyond, he might scold the government of Hong Kong for going in the wrong direction by adding to its share pile of the Hong Kong Stock Exchange...
Former Federal Reserve Board governor Edward Gramlich himself noted the grim irony of his last months: He couldn't have picked a timelier moment than June to publish his book "Subprime Mortgages: America's Latest Boom and Bust..."
The Economic Freedom Network, a global association of research and educational institutes, has just issued its annual report, which rates only one former communist country among the world's top nations with policies that support economic freedom...
Robert Samuelson points out wisely that the measured poverty rate is a misleading measure of economic progress when there is immigration (a common theme here at the Cafe)...
John B. Taylor, the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution and former U.S. Treasury undersecretary for international affairs, will receive the Adam Smith Award from the National Association for Business Economics (NABE) on September 10...
As momentum builds inside the Federal Reserve for one or more interest rate cuts – in spite of deep reluctance on the part of a number of regional Fed presidents – debate has opened up on what the effects of any rate cuts might be...
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.