Dr. Ben Carson was interviewed on the economy last week by Marketplace host Kai Ryssdal. Carson talked about America’s debt and made an important connection between the growth of the deficit and our abandonment of good money: Now the only reason that
The latest jobs report is lackluster — just 142,000 jobs were added to the economy in September. The labor force participation rate is now down to its lowest level since Jimmy Carter was in office. And the Federal Reserve? They refuse to
Revealed, in my Forbes.com column last weekend: Washington appears stuck in the Eighth Circle to which Dante assigns Falsifiers. Dante consigned alchemists and counterfeiters to the bottom of this next-to-lowest circle of Hell. As one commentator on classical literature notes Dante there
Sen. Rand Paul and a co-author, on the occasion of today’s FOMC meeting and the morning before the second presidential debate, took to The Wall Street Journal editorial page to demand that the Fed stop meddling in the setting of interest rates.
As noted in my most recent Forbes.com column, it is now officially an open secret that the Fed always gets its forecasts egregiously wrong: One of the world’s top monetary reporters, Ylan Q. Mui, to make a delicate observation at the Washington
We’ve officially moved into the part of the campaign where candidates tell us their grand vision for America. Donald Trump, moving on his promise to “make America great again,” challenged other Presidential candidates to put forward their ideas for helping workers and
From The Hill: On July 29, the House Financial Services Committee met to vote on, among other bills, the Brady-Cornyn Centennial Monetary Commission Act, HR 2912. This would charter a commission to make an empirical study of Fed policies and job creation, income mobility,
The Washington Post noticed the passage of the Centennial Monetary Commission through the House Financial Services committee, under the key leadership of Rep. Kevin Brady (R-TX): Meanwhile, the Fed is facing renewed scrutiny in Congress. The House Financial Services committee on Wednesday