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Today’s blowout job numbers are wonderful news for the U.S. economy. They suggest that, even before President Biden’s massive budget stimulus took effect, the...
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Today’s blowout job numbers are wonderful news for the U.S. economy. They suggest that, even before President Biden’s massive budget stimulus took effect, the...
Anyone who thinks that we are not on the road to another round of the Eurozone debt crisis has not been paying attention to...
Today’s favorable employment and GDP numbers, pointing to a U.S. economy well on the mend, have to raise a couple of basic questions. With...
After a lifetime studying monetary policy, Milton Friedman famously concluded that inflation was always and everywhere a monetary phenomenon. He also concluded that monetary...
President Joe Biden’s massive $1.9 trillion stimulus program enjoys considerable public support. A key question for Mr. Biden’s continued political success is whether his...
Today’s very strong job numbers have to raise a basic question that economic policymakers would ignore at their peril: Does the U.S. economy really...
Hope springs eternal in European policymaking circles about the ability of the Eurozone’s highly indebted economies to grow their way out of their debt...
Yesterday, upon hearing Federal Reserve Chairman Jerome Powell’s Congressional testimony, Milton Friedman must have been rolling in his grave. Despite the clearest of indications...
Among the more disturbing economic consequences of the Covid-19 pandemic has been the dramatic deterioration in Europe’s public finances. While markets are currently unfazed...
Judging by the market’s enthusiastic reaction to Mario Draghi’s recent appointment as Italian prime minister, one could be forgiven for thinking that Italy, the...