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
Sen. Rand Paul is drawing liberal fire from many left wing commentators, now including Prof. Paul Krugman. Many of the criticisms are badly off base. As noted in yesterday’s column there is so much simply factually incorrect about The New Republic‘s Danny Vinik recent
Politico reports that: Rand Paul traveled to Des Moines, Iowa, recently and delivered a sure-fire applause line. “Anybody here want to audit the Fed?” the Kentucky senator asked. “Anybody feel that the Fed’s out to get us?” He followed it up with
The New Republic, in its February 8th issue, carries an article by Danny Vinik entitled Rand Paul Has the Most Dangerous Economic Views of Any 2016 Candidate. It appears that TNR’s fact checkers decamped along with its top journalists. Vinik: Speaking in
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
It isn’t often that I agree with Paul Krugman. But on Friday, Krugman devoted his NYT column to the idea that “[m]onetary policy probably won’t be a major issue in the 2016 campaign, but it should be.” Well, Krugman got it half
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.
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