The Federal Reserve today releases industrial production data with good news. Will it draw the right conclusions?

First the good news. Industrial production increased 0.8 percent in November, and capacity utilization for total industry moved up 0.7 percentage points to 71.3 percent. Reuters used the data to...

At his Brookings speech today the president outlined his economic plan. It has all the right pieces and it points in the right direction. But something is missing.

Start with the good news. The president understands how bad the situation is. The greatest crisis since the Great Depression, one...

Thursday December 3 is the date of both the President's Jobs Summit and the reconfirmation hearing of Federal Reserve Chairman, Ben Bernanke. We should seize the opportunity to examine the statute that creates the Federal Reserve:

The Board of Governors of the Federal Reserve System and the Federal Open...

President Obama is home from China and the U.S.-China Economic and Security Review Commission today releases its 2009 report to Congress.

What have we learned? That we need to pay attention because we're getting schooled.

While Obama posed for photos on the Great Wall and talked about a...

As President Obama packs for China, I thought I'd show him a picture of how China is manipulating its currency.

Source: Federal Reserve: Yuan, Broad dollar index. Graphic idea compliments of AAM.

The dollar stays flat against...

Federal Reserve chairman Ben Bernanke recognized today that America's trade deficit played a central role in the global economic crisis. Then after he recognized the problem, he went on to solve a different one.

Start with the real problem, America's trade deficit. America is spending more than it...

It's time to take on the banks. 74% of American voters agree that "greed and risky decisions of banks and financial companies led to the financial crisis and recession, and it's time that Congress cracked down on their reckless practices to protect consumers."

The American people are angry. There is...

New public opinion research by the Economic Policy Institute contains reassuring findings. The American people are smarter than they sometimes look on TV.

The survey of 802 registered voters in September 2009 revealed a clear sense of who's winning and who's losing in the economy and politics. People were...

In the lead up to the G-20 Summit in Pittsburgh, mainstream media are telling half a story.

Everyone seems to agree that heavy industry is a thing of the past. The London Telegraph opens with the "long-gone steel industry" and Business Week with the "rust-stained U.S. Steel...

The G-20 Summit is in Pittsburgh later this week. Leaders from the 20 countries that collectively represent two-thirds of the world's population, 80 percent of world trade and 90 percent of global gross national product, will meet to discuss the global economy and terms of trade.

It is fitting that...