Investing in our young people has worked before and can work again; and if Congress orders the Fed to fund this investment in our collective futures by "quantitative easing," it need cost the taxpayers nothing at all.
Confronting bullies no matter what size, shape or corporate configuration should be the sworn moral duty of every citizen.
When people repeat the myth about the courageous steps Ronald Reagan took to fight inflation, don't buy it. Instead tell them about Carter's record for which you can cite data from the Fed itself and legislative chapter and verse.
Most market commentators now claim with certainty that the central bank's unprecedented manipulation of markets has been done without creating any inflation. This assertion is untrue in every aspect.
There is one thing worse than addressing a problem with imperfect solutions. It is not addressing the problem when better solutions are available. Yet this is what seems to happen every month in reaction to the highly-watched employment report.
There is no doubt that "defensive" equities have increasingly become substitutes for bonds, especially for yield-starved investors. However, we are now seeing that there is danger in taking this approach to the extreme.
"We have to nationalize the banks. We have to get rid of the government. We need to have access to the internet seen as a human right. We need to have...
With the termination of the Independent Foreclosure Reviews (IFR) via OCC caveat the question remains: What's going to happen to the so-called "work ...
Many people's view of economic policy is that "nothing works" be it monetary or fiscal policy. Sometimes it doesn't and sometimes its consequences are unintended. But broadly speaking, such cynicism is dangerously wrong.
The rules on stay-at-home parents' access to credit have been reversed twice in the past four years but without much media attention along the way, despite the fundamental impact of the reversals on stay-at-home parents' ability to open a card in their names or to extend their credit lines.
IRS shenanigans aside, there are plenty of things being done right now in D.C. that will likely affect your business and mine over the next few years.
The economic news is mixed, and corporate profits are so-so. Housing is mixed, and so are reports of consumer spending. So why is the stock market soaring to new highs on a regular basis?
The Fed claims that quantitative easing has helped create or save almost 2,000,000 jobs since 2008, and while that may be true, the people could probably find a much better way to spend $40 billion a month and create and save far more jobs.
Maybe it's time for a '60s-style student uprising -- but this time instead of occupying college hallways, they ought to occupy the halls of a Congress that favors big banks over struggling students.
This report takes a closer look at monetary policy, what the FOMC is trying to accomplish, where voting members are in the process and ultimately, how far we have traveled from "home."
Professor Krugman keeps fighting a straw-man argument. The real issue isn't a choice between stimulus and austerity. After all, we've had nearly five years of quite remarkable monetary and fiscal policy stimulus.