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In the News

Eavesdrop on Milton Friedman’s Heirs

with Gary S. Beckervia Wall Street Journal
Thursday, May 14, 2009

One university after another is convening panels of experts to make sense out of the once-in-a-generation financial crisis...

In the News

Green Shoots Story Looking a Little Tired

with John B. Taylorvia Seeking Alpha
Thursday, May 14, 2009

Federal Reserve policymakers are working overtime to temper expectations of additional quantitative easing...

In the News

Tending the garden of China-US relations

with George P. Shultzvia Shanghai Daily
Thursday, May 14, 2009

THE US-China economic relationship is one of the most important bilateral relationships in the world - offering extraordinary benefits to both sides...

In the News

Deputy Secretary Pick Brings Business Background

with Michael J. Petrillivia Education Week
Wednesday, May 13, 2009

In naming Tony Miller to fill the No. 2 slot at the U.S. Department of Education, President Barack Obama has turned to a manager with extensive business experience as the department tackles the challenge of overseeing some $100 billion in economic-stimulus aid to education...

In the News

Fed's easy money has not spurred the economy

with John B. Taylorvia Idaho Statesman
Wednesday, May 13, 2009

These days, borrowing is hard, but money is easy...

In the News

Taylor Says Fed May Not Have Much Time Before Rate Rise Needed

with John B. Taylorvia Bloomberg
Wednesday, May 13, 2009

The Federal Reserve may soon need to raise interest rates, said John Taylor, the former Treasury official who devised the “Taylor Rule,” a formula for rate- setting based on the outlook for inflation and growth...

In the News

The Grappler

by Russ Robertsvia Cafe Hayek
Wednesday, May 13, 2009

From USA Today: For a guy grappling with recession, bank and auto bailouts, and record-setting budget deficits, President Obama also has a longer-term headache: The worsening financial condition of Social Security and Medicare as the Baby Boomers age...

In the News

Former U.S. official slams Fed for inflation risk

with John B. Taylorvia Reuters
Wednesday, May 13, 2009

A sharp critic of the Federal Reserve and prominent authority on monetary policy on Tuesday slammed the U.S. central bank for risking inflation and warned that government action had "caused, prolonged and worsened" the country's financial crisis...

In the News

MONEY MARKETS-Dollar spreads tighten despite fresh concerns

with John B. Taylorvia Guardian (UK)
Wednesday, May 13, 2009

Short-term dollar money markets showed no sign of stress in Asia on Wednesday even as the U.S. dollar tumbled, owing both to a recovery in risk appetite and to a fresh debate about the risks to the U.S. credit rating...

In the News

Control for the sake of control

with John B. Taylorvia Odessa American (TX)
Wednesday, May 13, 2009

It is becoming apparent that the ambition of the Obama administration to increase government control over what had been previously private business institutions is breathtaking in scope and virtually unlimited...

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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