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George Selgin to Fed: Why Object to GAO Audit?

George Selgin, director of Cato’s Center for Monetary and Financial Alternatives and a former professor at the University of Georgia, looks on in bemusement as the Federal Reserve circles the wagons and incites the mainstream media in response to what he considers

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Rand’s Audit the Fed Wins New Respect

The Hill is reporting Sen. Rand Paul’s “Audit the Fed” bill is gaining momentum: “The ‘Audit the Fed’ movement has grown from an oddball pet project of former Rep. Ron Paul (R-Texas) into legislation that was passed with broad bipartisan majorities in the House

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Earth to GOP: Talk About Rising Costs

When it comes to economics, Republicans love talking about jobs, jobs, jobs. They cite real unemployment numbers that are far worse than what the public is told. They cite record numbers of Americans leaving the work force. They talk about cold, hard numbers.

Is the Fed Off-Limits?

The liberal economic elite is circling the wagons to preserve the Federal Reserve.  Alan Blinder denounces proposed laws which will “encourage congressional meddling with monetary policy.”  Catherine Rampell takes up the cudgel against legislation mandating an audit of the Fed, on the