Monetary Policy

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Analysis and Commentary

On Shearing Sheep

by Victor Davis Hansonvia Tribune Media Services
Thursday, July 16, 2009

You don’t produce wool by skinning the sheep...

In the News

Experts Tell Congress to Lay Off the Fed

with Robert E. Hallvia Wall Street Journal
Thursday, July 16, 2009

More than 250 prominent economists warned that critics of the Federal Reserve are putting "the independence of U.S. monetary policy...at risk," and they urged Congress to back off lest it undermine the Fed's ability to manage the economy and thwart inflation...

In the News

Video: Ferguson's The Ascent of Money

with Niall Fergusonvia Seeking Alpha
Thursday, July 16, 2009

Niall Ferguson’s book, The Ascent of Money: A Financial History of the World, is now available in a full-length four-part documentary...

In the News

Petition for Fed Independence

with Daron Acemoglu, Robert E. Hallvia Wall Street Journal
Wednesday, July 15, 2009

The following is a petition calling for a commitment to Fed independence: Open Letter to Congress and the Executive Branch...

Analysis and Commentary

Obama's Back To The Future Of Markets

by Terry Anderson, Richard Sousa with Hoover Institutionvia Forbes
Tuesday, July 14, 2009

Recent polls show that President Obama continues to receive high style points, but that his policies are being less well received...

In the News

Dollar Declines as Gold Rises

with John B. Taylorvia Daily Reckoning (Australia)
Monday, July 13, 2009

Yesterday, stocks went nowhere...

In the News

Two Authorities on Fed Warn Against Expanding Role

with John B. Taylorvia New York Times
Friday, July 10, 2009

Two economists with longstanding ties to the Federal Reserve warned Congress on Thursday that it would be a mistake to make the Fed a super-regulator in charge of reining in “systemic risk” and financial institutions considered “too big to fail,” The New York Times’s Edmund L. Andrews reported...

In the News

Housing with Thomas Sowell: Chapter 5 of 5

by Peter M. Robinson with Thomas Sowellvia Uncommon Knowledge
Friday, July 10, 2009

Thomas Sowell scrutinizes the economic proposals of the Obama administration...

In the News

Congress Gives Fed’s Regulatory Restructuring Role A Once-Over

with John B. Taylorvia Securities Industry News (NY)
Thursday, July 9, 2009

Congress took on the Obama Administration’s regulatory restructuring proposals today, with a hearing called to examine the expanded role envisioned for the Federal Reserve Board in the Obama plan...

In the News

Housing with Thomas Sowell: Chapter 4 of 5

by Peter M. Robinson with Thomas Sowellvia Uncommon Knowledge
Thursday, July 9, 2009

Thomas Sowell details the pitfalls of New Deal thinking...

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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