Inflation numbers released last Friday by the Bureau of Labor Statistics showed an annual increase of 6.8% in the Consumer Price Index, a...

Much talk in recent weeks has been about the need for Congress to once again raise the debt ceiling, otherwise risk widespread default on...

PBS Frontline released a documentary Tuesday, The Power of the Fed, and it has everyone talking—and not just those who work in finance....

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...

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...

President Joe Biden is doing something economists and policy wonks have been begging legislators to do for years yet no party has been...

With the Biden administration starting to hit its stride in its second week, putting forth policy proposals that, for the most part, are...

Over the last week there have been plenty of articles outlining just how inadequate the latest round of stimulus is, given the turmoil...

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...

Hundreds of thousands are dying, millions are in financial pain, yet Congress fails to do anything to help Americans in their time of...

In 2012, the Federal Reserve Federal Open Market Committee (FOMC), led by former Federal Reserve Chairman Ben Bernanke, formally...

In a 13-12 vote Tuesday, the Senate Banking Committee approved Judy Shelton, a wildly controversial economist and long-time supporter of...

While the developed world is beginning to show signs of economic improvement, there are still fractures within the global economy that...

As governments remain focused on the current health crisis and finding ways to help consumers through what will be a Great...

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...

Anyone who thinks the recently passed $2 trillion stimulus package is enough to stem the economic fallout from the Coronavirus is living...

It is becoming clear that implementing a payroll tax cut to fix the economic issues associated with the Coronavirus is a terrible idea....

With policymakers around the world concerned about how the Coronavirus will affect the health of their citizens, the strength of the...

At an economic conference in San Diego last week, former Federal Reserve Chairman Ben Bernanke presented a paper outlining two...

You may be surprised to learn that the Federal Reserve closely monitors something that has nothing to do with employment, interest rates,...

If you are looking for something utterly terrifying to watch this Halloween season, check out Mervyn King’s speech at the IMF from a...

With the craziness on Capitol Hill occupying our daily intake of media, I thought we could take a break from the barrage of political...

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...

With the 2020 presidential campaign heating up and voters becoming more polarized by the hour, I have found an issue that we can all...

Following Theresa May’s resignation last month, Parliament voted Wednesday to name Boris Johnson the UK’s new prime minister. A firebrand...

The House of Representatives passed the Raise the Wage Act Thursday, a bill mandating the national minimum wage increase from its current...

Wednesday, during its semi-annual hearing of Monetary Policy and the State of the Economy, the House Financial Services Committee hosted...

As a result of downward market pressure on most asset classes and lower than expected May employment figures, the Federal Reserve Federal...

A couple weeks ago, the Wall Street Journal ran an editorial piece titled The Dollar May Be Knocked Off Its Pedestal which discussed,...

In a recent New York Times op-ed, author William Cohan discussed one of the many perverse incentives available to primary creditors in...