Edward Brown Nov 1 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 regulatio...
Edward Brown Oct 15 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 nee...
Edward Brown Sep 1 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 implemen...
Edward Brown Jul 25 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 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 po...
Edward Brown May 13 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 Depression-siz...
Edward Brown Apr 14 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 mo...
Edward Brown Mar 31 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 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. Y...
Edward Brown Mar 14 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 glob...
Edward Brown Jan 9 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 unconventi...
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 coup...
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 mal...
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 rall...
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...
Edward Brown Jul 12, 2019 3 min Takeaways from Chairman Powell's Testimony Wednesday, during its semi-annual hearing of Monetary Policy and the State of the Economy, the House Financial Services Committee hosted ...
Edward Brown Jun 29, 2019 3 min The Fed's Real Question: Do We Go Negative? As a result of downward market pressure on most asset classes and lower than expected May employment figures, the Federal Reserve Federal...
Edward Brown Jun 12, 2019 3 min An End to the Dollar's Reign? A couple weeks ago, the Wall Street Journal ran an editorial piece titled The Dollar May Be Knocked Off Its Pedestal which discussed, amo...
Edward Brown May 20, 2019 3 min New Rule: Restrict Credit Default Swaps for Primary Creditors In a recent New York Times op-ed, author William Cohan discussed one of the many perverse incentives available to primary creditors in to...
Edward Brown Jul 8, 2018 3 min Why We Don't Need to Worry About the Yield Curve With recent market volatility stemming from the administration’s assault on free trade, many investors have looked to classical market in...
Edward Brown Jun 17, 2018 2 min Should Democrats Use Class Warfare to Win the Midterms? In a word—no. The reason I raise this subject is because many democrats have positioned themselves as candidates driving an “us vs. them”...
