Edward Brown Jul 16 5 min What Frontline Missed: The Counterfactual of Fed Intervention PBS Frontline released a documentary Tuesday, The Power of the Fed, and it has everyone talking—and not just those who work in finance....
Edward Brown Jun 17 3 min Biden and the Real Worst. Generation. Ever. For those who have seen the opening episode of Aaron Sorkin’s The Newsroom, one of the first things that typically comes to mind is the...
Edward Brown May 12 4 min Clarida is Right; Now Isn't the Time to Tighten In an interview on CNBC's Closing Bell last week, Federal Reserve Vice Chairman Richard Clarida made clear to viewers that now isn't the...
Edward Brown Apr 2 5 min Biden's Infrastructure Plan Does More Than Just Rebuild the Country President Joe Biden is doing something economists and policy wonks have been begging legislators to do for years yet no party has been...
Edward Brown Jan 28 4 min A Permanent Minimum Wage Solution With the Biden administration starting to hit its stride in its second week, putting forth policy proposals that, for the most part, are...
Edward Brown Dec 29, 2020 4 min Republicans Use Coronavirus Relief Bill to Restrict Fed Autonomy Over the last week there have been plenty of articles outlining just how inadequate the latest round of stimulus is, given the turmoil...
Edward Brown Nov 1, 2020 3 min Supply-Side Economics is Dead Covid-19 has killed supply-side economics. I'm sorry, Friedmanites, but it's true. The idea that as long as we lower taxes, cut...
Edward Brown Oct 15, 2020 3 min The Sociopathy of Failed Stimulus Negotiations Hundreds of thousands are dying, millions are in financial pain, yet Congress fails to do anything to help Americans in their time of...
Edward Brown Sep 1, 2020 4 min The Fed's New Approach to Price Stability In 2012, the Federal Reserve Federal Open Market Committee (FOMC), led by former Federal Reserve Chairman Ben Bernanke, formally...
Edward Brown Jul 25, 2020 3 min What Would the Addition of Judy Shelton Mean for the FOMC? In a 13-12 vote Tuesday, the Senate Banking Committee approved Judy Shelton, a wildly controversial economist and long-time supporter of...
Edward Brown Jun 26, 2020 3 min Now Isn’t the Time for an Austere IMF While the developed world is beginning to show signs of economic improvement, there are still fractures within the global economy that...
Edward Brown May 13, 2020 4 min For Some, It’s Time to Default As governments remain focused on the current health crisis and finding ways to help consumers through what will be a Great...
Edward Brown Apr 14, 2020 5 min Coronavirus Proves Labor Indispensable. Basic Income, Too. What would you say are the lessons of the past two months? Is it that we should all be more careful who we come in contact with, being...
Edward Brown Mar 31, 2020 4 min $2 Trillion Isn’t Enough. We Need a Money Financed Fiscal Program. Anyone who thinks the recently passed $2 trillion stimulus package is enough to stem the economic fallout from the Coronavirus is living...
Edward Brown Mar 18, 2020 3 min Give People Money; Supply-side Measures Won't Work It is becoming clear that implementing a payroll tax cut to fix the economic issues associated with the Coronavirus is a terrible idea....
Edward Brown Mar 14, 2020 4 min Now Would Be a Great Time to Introduce the 50-year Treasury Security With policymakers around the world concerned about how the Coronavirus will affect the health of their citizens, the strength of the...
Edward Brown Jan 9, 2020 3 min Check His Record, Bernanke Knows New Tools Are Needed At an economic conference in San Diego last week, former Federal Reserve Chairman Ben Bernanke presented a paper outlining two...
Edward Brown Dec 6, 2019 3 min The Consequences of Punishing Banks for Using the Discount Window You may be surprised to learn that the Federal Reserve closely monitors something that has nothing to do with employment, interest rates,...
Edward Brown Nov 2, 2019 3 min Former Bank of England Governor Says Policymakers aren’t Ready for a Global Recession. He’s Right. If you are looking for something utterly terrifying to watch this Halloween season, check out Mervyn King’s speech at the IMF from a...
Edward Brown Oct 4, 2019 4 min The Continual Conflation of Socialism and Social Programs With the craziness on Capitol Hill occupying our daily intake of media, I thought we could take a break from the barrage of political...
Edward Brown Sep 24, 2019 4 min Are We Asking Too Much of Central Bankers? If you had to guess, what would you say are the top priorities of the world’s foremost central bankers? Economists like myself would say...
Edward Brown Aug 21, 2019 4 min The Lie of Public Service Loan Forgiveness With the 2020 presidential campaign heating up and voters becoming more polarized by the hour, I have found an issue that we can all...
Edward Brown Jul 28, 2019 4 min The British Economy vs. Boris Johnson Following Theresa May’s resignation last month, Parliament voted Wednesday to name Boris Johnson the UK’s new prime minister. A firebrand...
Edward Brown Jul 22, 2019 3 min $15 Per Hour Isn't What Matters The House of Representatives passed the Raise the Wage Act Thursday, a bill mandating the national minimum wage increase from its current...
