The New York market might not be thanking chairman Ben Bernanke right now, but a tough stance by the Federal Reserve might be exactly what it needs in the face of a credit crisis...
Making an early dash for the polls must have been a tempting prospect for Gordon Brown ever since the Tories rediscovered their talent for pushing the self-destruct button; but if he needed any more persuading, Mervyn King probably clinched it on Wednesday...
Pasco County government is mimicking the late Nobel Prize-winning economist Milton Friedman, who helped popularize the saying, "There's no such thing as a free lunch..."
The last time reason caught up with economist Tyler Cowen for a long sit-down interview was in 2003, just after he'd published Creative Destruction, a wide-ranging and compelling argument for the cultural benefits of globalization...
Here is a very nice essay by GMU student Geoffrey Lea on Hayek's argument that we need to behave differently when we interact with friends and family compared to the strangers we meet in the extended order of market transactions...
The stresses and pace of postmodern lifestyles leave very little time to read full-length books aimed at information and long-term trends of our nation...
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.