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Analysis and Commentary

The Brave New World Of Restricted Credit

by Richard A. Epsteinvia Forbes
Tuesday, May 26, 2009

The Credit Cardholders Bill of Rights Act of 2009, which passed both houses of Congress with wide margins this past week, is now ready for President Obama's signature...

Analysis and Commentary

Random Thoughts

by Thomas Sowellvia Creators Syndicate
Tuesday, May 26, 2009

Random thoughts on the passing scene: They say that people mellow with age...

Analysis and Commentary

Exploding debt threatens America

by John B. Taylorvia Financial Times
Tuesday, May 26, 2009

Standard and Poor’s decision to downgrade its outlook for British sovereign debt from “stable” to “negative” should be a wake-up call for the US Congress and administration...

In the News

Fed's Next Task: Reeling In Lifelines

with John B. Taylorvia Washington Post
Tuesday, May 26, 2009

As if the worst recession since World War II, the near collapse of the financial system, and the prospect of double-digit unemployment weren't enough to deal with, the Federal Reserve now has something else to worry about: success...

In the News

Economists: Recovery requires oversight

with John B. Taylorvia United Press International
Tuesday, May 26, 2009

Managing a market turnaround and an economic recovery may be the next daunting task on the Federal Reserve's agenda, several economists said...

Analysis and Commentary

The Sotomayor Nomination

by Richard A. Epsteinvia Forbes
Tuesday, May 26, 2009

In a previous Forbes column, I decried President Barack Obama's insistence that empathy would weigh heavily in the scales when it came to his next Supreme Court nominee...

In the News

Trapped in His Own Delusions: Senator Leahy on the Sotomayor Nomination

by Richard A. Epsteinvia Corner (National Review Online)
Tuesday, May 26, 2009

Sen. Pat Leahy’s endorsement of Sonia Sotomayor gives vivid testimony to all that is wrong with senatorial politics on judicial nominees to the Supreme Court...

In the News

Buy Commodities, Pay Off Debt as Inflation Looms: John F. Wasik

with Niall Fergusonvia Bloomberg
Tuesday, May 26, 2009

The fallout that has irradiated highly leveraged Western economies has started a King Kong versus Godzilla battle...

In the News

Historian Niall Ferguson warns of debt calamity threatening the west

with Niall Fergusonvia Guardian (UK)
Monday, May 25, 2009

Major western countries could go bankrupt in the wake of the financial crisis, one of Britain's most celebrated historians has warned...

In the News

Op-eds don’t bring change

with William J. Perry, Michael McFaulvia Livemint.com
Monday, May 25, 2009

On November 10, the (Weimar) republic only a day old, (future Reichsbank governor Hjalmar) Schacht was invited to a meeting and asked to help found a new moderate party, the Deutsche Demokratische Partei (DDP), which would oppose alike the socialism of the left and the nationalism of the right...

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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