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articles
Why ‘Stimulus’ Doesn’t Stimulate President Obama has requested Congress for a further $50 billion in “stimulus” cash to finance infrastructure tasks. The speculation is that the extra spending will trigger companies to spice up manufacturing to satisfy this demand. Producers…
Stealth Protectionism WASHINGTON—We’ve heard each main world chief reject the notion that protectionism can be an applicable response to the monetary and financial debacle of 2007–08. And but the indicators are unmistakable: We’re coming into a protectionist period that doesn’t…
Forex Chaos: The place Do We Go From Right here? ‘Crucial initiative you possibly can take to enhance the world economic system could be to stabilize the dollar-euro price.’ World financial relations are in disarray. Alternate charges fluctuate wildly among…
The Fed: Nonetheless Loopy After All These Years The current elections have been an essential referendum on the liberal financial insurance policies of the Obama administration. The outcomes clearly confirmed that voters overwhelmingly rejected candidates who supported the $780 billion…
The Mistaken Approach to Double Exports Ronald Reagan believed we may ‘outproduce, outcompete and outsell anyone’ with out compromising the worth of the greenback. Watch out for President Obama’s name for a doubling of U.S. exports over the following 5…
Bernanke’s Macroeconomic Errors Regardless of the astonishing flood of greater than a trillion {dollars} in new commercial-bank reserves that the Fed created in late 2008 and early 2009, when it undertook to rescue the large banks and different establishments from…
Civil Conflict and the American Political Economic system The duty earlier than us is to evaluate in largely materials phrases the political-economic system arising throughout and after the American Civil Conflict. Ideological points existed, actually, however a lot proof means…
Hasta La Vista WASHINGTON—A couple of weeks in the past, I shared with my colleagues at The Washington Put up Writers Group my want to discontinue writing my column due to some adjustments in my private life, about which extra in a…
Sheila Bair’s Legacy: Bailouts, Secrecy and Energy Grabs Good riddance to our outgoing FDIC chair Good riddance, Chairman Bair. After 5 years, Sheila Bair will depart in July from her publish as chairman of the Federal Deposit Insurance coverage Corp.…
Huge Authorities And Well being-Care Shares: A Joyful Marriage? What with the underwhelming market response to my earlier article discussing the impact of the 2010 federal Affected person Safety and Inexpensive Care Act (PPACA) on well being insurers, I used to be…
