IN this newspaper last weekend, Australian Securities Exchange chief executive Robert Elstone said Australia was "in the midst of a global financial crisis" and called for a mini Wallis-style review of the financial sector...
The Bank of England is putting the final touches on its most aggressive plan yet to bail out cash-strapped U.K. banks and ease a credit crunch that is threatening to take a big bite out of the country's economy...
Congress has been in a regulating mood for the past few years, spurring federal agencies directly or indirectly to pile new regulatory requirements (and inflated costs) onto myriad consumer products and activities...
The latest political crusade is the one to replace ordinary incandescent light bulbs with the new CFL light bulb that is supposed to save electricity, reducing the need for fossil fuels and helping the fight against global warming...
Grab hold of something quick, namely a newly invigorated regulatory state, because the economy is sucking us downward to some awful end, and, by the way, let go of Milton Friedman...
Alan Greenspan has been tangling with his friend and former protégé, Stanford University economist John Taylor, over the latter’s assertion that, according to his own model, the Fed kept rates too low from 2001 to 2004...
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.