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When the Federal Reserve meets next week, it would do well to recall two of Milton Friedman’s fundamental economic teachings. The first is that...
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When the Federal Reserve meets next week, it would do well to recall two of Milton Friedman’s fundamental economic teachings. The first is that...
There is never a good time for a protracted fight over raising the US government debt ceiling. However, today would seem to be a...
Egregious budget and monetary policy mistakes in 2021 contributed to last year’s multi-decade high inflation. Today, there seems to be a real risk that...
As we start 2023, the key question for both for the U.S. and world economies is whether we should believe the Federal Reserve’s relatively...
Generals are said to fight the last war. Something similar might be said of Jerome Powell’s Federal Reserve in the way it has conducted...
Why the U.S. Economy Looks Set for a Recession in 2023: In one of his plays, Oscar Wilde wrote that to lose one parent...
To President Joe Biden’s relief, at this year’s midterm election, the widely expected Republican red wave did not occur. Before cracking open the champagne,...
Today’s strong jobs report numbers heighten the chances that next year the U.S. will have a hard economic landing in the form of a...
Hope springs eternal. Today’s stronger-than-expected GDP numbers are bound to be trumpeted by optimists that the U.S. economy can achieve a soft economic landing....
Before engaging in yet another round of debt ceiling brinkmanship, U.S. politicians on both sides of the aisle might want to reflect on the...