Share |

Finance

Keep the Ex-Im Bank Dead

Last month the Ex-Im bank’s charter expired after a nearly two-year fight to avoid reauthorization by free-market Republicans. However, their efforts could be for nothing because of Senate Majority Leader Mitch McConnell’s (R-KY) decision to allow an amendment that would reauthorize Ex-Im as part of an essential bill to fund the highway trust fund for the next six years. 

Read more...
Politicians Should Remember the Power of Prices

Why are public policies directed so frequently towards blocking movements in prices that would otherwise be beneficial to the economy?

Read more...

On July 23 – roughly five years from the date the Dodd-Frank bill was passed – I had the opportunity to testify before the U.S. House Committee on Financial Services about whether we have fully eliminated the risks of bank bailouts, and particularly the “too-big-to-fail” problem. My oral testimony follows.

Read more...
Why Millennials Should Pay Attention to Monetary Policy

The Federal Reserve is responsible for the economic well-being of the United States. Yet, if existing monetary policies are burdening the Millennial generation, how can America ever expect to be as prosperous as it once was. 

Read more...
What's the Matter with Greece?

So what exactly is the matter with Greece? Simply put, it was in the wrong place (Europe) at the wrong time (1999) when 11 countries with 11 different languages, governments, cultures and customs abandoned their domestic currencies and tied their collective fate to the euro.

Read more...
Greece: Don't Delay Required Reforms

Greece’s financial problems didn’t just come out of the blue, they are the cumulative impact of misguided economic policies:  fiscal profligacy, misallocations of national resources and growth-depressing labor and economic regulations.

Read more...
The Dangers of Data-Dependent Monetary Policy

There are some genuine risks to policies that place too much emphasis on each and every piece of incoming data, risks that Fed policymakers should recognize when following their data-driven approach.

Read more...
The Ex-Im Bank Must Go

If the GOP is to maintain its legitimacy as the party of the free market, it must not reauthorize Ex-Im. Conservatives should not sit by and watch while corporate welfare continues to skew the playing field against businesses without political influence. 

Read more...
The QE Trap

QE cannot solve the main problems of the eurozone.

Read more...
Better Times are Ahead for the Eurozone

The Eurozone’s own previous experience suggests strongly that policies directed at increasing the rate of money growth have had exactly those effects predicted by theory.

Read more...

e21 Projects & Partnerships