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In the News

Trust remains the key variable

with Victor Davis Hansonvia Gulf News (Dubai)
Wednesday, June 10, 2009

Victor Davis Hanson, a historian at the Hoover Institution, Stanford University, writes: "After the junk bond meltdown, the S&L [savings-and-loan] debacle, and now the financial panic, in just a few years the financial community destroyed the ancient wisdom: deal in personal trust; your word is your bond; avoid extremes; treat the money you invest for others as something sacred; don't take any more perks than you would wish others to take; don't borrow what you couldn't suddenly pay back; imagine the worse case financial scenario and expect it may well happen; the wealthier you become the more humble you should act."...

In the News

Good Day for Thursday, June 11, 2009

with John Shoven, George P. Shultzvia San Francisco Chronicle
Wednesday, June 10, 2009

George Shultz and John Shoven: Former U.S. Secretary of State Shultz and economist Shoven talk about how to fix the nation’s Social Security and health-care problems...

In the News

Duncan talks the talk but can he walk the walk?

by Michael J. Petrillivia Flypaper (Fordham Education Blog)
Wednesday, June 10, 2009

I finally watched Charlie Wilson’s War last night (we have a toddler at home; we’re not in the movie-theater stage of our life!)...

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

It will take Wells Fargo longer to repay TARP

with John Shoven, George P. Shultzvia San Francisco Chronicle
Wednesday, June 10, 2009

Remember when Wells Fargo & Co. had to be dragged kicking and screaming into taking TARP money, said it couldn't wait to pay back the $25 million, and Chairman Richard Kovacevich called the government's stress test asinine?...

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

Can this man put Chrysler back on the road?

with Richard A. Epstein, Todd Zywickivia Financial Post (Canada)
Wednesday, June 10, 2009

Italian automaker Fiat SpA has finalized its government-brokered rescue of Chrysler LLC in a whirwind bankruptcy case legal scholars warn could destabilize investment markets while creating a new auto alliance with no guarantee of success...

In the News

Charles Kesler on the Grand Liberal Project: Chapter 2 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Tuesday, June 9, 2009

Charles Kesler discusses the emergence of economic liberalism, and the “doctrine of social and economic rights.”...

In the News

Cultural Literacy in Retreat

with Diane Ravitchvia Chronicle of Higher Education
Tuesday, June 9, 2009

Anybody who has sat in on curriculum meetings and projects in the humanities has experienced those awkward moments when it comes down to selecting certain contents and materials as essential and required...

Analysis and Commentary

Why The Taylor Act Must Go

by Richard A. Epsteinvia Forbes
Tuesday, June 9, 2009

On previous occasions, I have lamented about the manifest dangers of public unions...

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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