Monetary Policy

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In the News

U.S. Fed in Trouble as Falling Dollar Risks Bond Investors Revolt

with John B. Taylorvia Market Oracle (U.K.)
Saturday, June 13, 2009

Frank Shostak writes: A growing concern for Fed policy makers is a weakening in the US dollar against major currencies...

In the News

The Crisis and How to Deal with It

with Niall Fergusonvia New York Review of Books
Thursday, June 11, 2009

Following are excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Museum of Art on April 30...

In the News

Government Caused, Prolonged and Worsened Financial Crisis, Respected Stanford Professor John Taylor Tells CFALA Members

with John B. Taylorvia Business Wire
Thursday, June 11, 2009

The primary causes of the current financial crisis were government actions and interventions, not sub-prime mortgages, misbehavior on Wall Street or any inherent flaw in the U.S. economy, Stanford University Professor John B. Taylor told attendees at the annual meeting of the CFA Society of Los Angeles (CFALA) Wednesday night...

In the News

The Sound and the Fury of Bond Market Vigilantes

with Niall Ferguson, John B. Taylorvia Seeking Alpha
Wednesday, June 10, 2009

In Hamlet, Shakespeare wrote “Life is but a tale, told by an idiot, full of sound and fury, signifying nothing.”...

In the News

Current U.S. Dollar Currency Controls

with Niall Fergusonvia Seeking Alpha
Wednesday, June 10, 2009

National fiat currencies represent the common stock of nations...

In the News

GOP seeks to trim stimulus, cut deficit

with John F. Coganvia Washington Times
Monday, June 8, 2009

With the economy showing signs of recovery, fiscally conservative economists and Republican lawmakers are suggesting that the large unspent portion of the nearly $800 billion stimulus fund should be redirected to slash this year's nearly $2 trillion annual deficit...

In the News

Who Will Buy Our Debt?

with John B. Taylorvia Money News
Monday, June 8, 2009

For the financial cognoscenti, the cause of our fiscal and monetary crisis is very clear: deflection of responsibility...

In the News

Cash in on the war between inflation and deflation

with Niall Fergusonvia Times (UK)
Sunday, June 7, 2009

Some of the world’s highest-profile economists and investors are warning that inflation may be on its way back and could hit double figures in the next five years...

Analysis and Commentary

Letters to the Editor: Insouciance about debt is dangerously misplaced

by Niall Fergusonvia Financial Times
Friday, June 5, 2009

Sir, I am glad to have furnished grist to Martin Wolf’s mill (“Rising government bond rates prove policy is working”, June 3)...

In the News

Immaturity in power

with John B. Taylorvia Washington Times
Friday, June 5, 2009

A sign of immaturity - most often found in children and certain politicians - is being in denial or even unaware of the consequences of one's actions...

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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