โข
“I’ve been doing a little reading this morning about the Greek crisis and related problems in Europe. One take, and it makes sense to me, is that many European countries have such low fertility rates that even with some degree of immigration, they simply will not have the future population levels necessary to pay for…
โข
Wednesdayโs Washington Post featured a column by Steven Pearlstein that sums up the ongoing debate over the regulation of the financial industry, or at least it attempts to do so. As we all know, the collapse of the financial industry played a major role in what has now become a worldwide recession. The obvious response…
โข
“The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S. Treasury has given the housing GSEs $112 billion in cash infusions, and this past Christmas Eve it quietly announced it would cover all of Fannie and Freddieโs losses beyond the original $400 billion limit…
โข
“Fitch Ratings, citing concerns about Greek banks’ funding costs and profitability, downgraded the country’s four major banks to triple-B, or two notches above “junk” status. Fitch characterized its outlook for Greek banks as ‘negative’… The cost of funding for the four banks in questionโNational Bank of Greece, Alpha Bank, Efg Eurobank Ergasias and Piraeus Bankโhas…
โข
“Critics charge Greenspan with having carried on an excessively expansionary monetary policy, particularly following the recession of 2001. They note how low interest rates were from 2002 through 2004 and argue that those low rates paved the way for everything from high prices at the pump to high prices at the supermarket, from the housing…
โข
The Atlas Sound Money Project is proud to announce the winners of its 2010 Atlas Sound Money Essay Contest. We are grateful for the carefully crafted, well-reasoned essays that we received from undergraduate and graduate students and young scholars from the think tank and policy communities.ย ย It has been gratifying to see so many who…
โข
“There are plenty of experts who argue that the Fed should move sooner rather than later to raise the federal funds rate, its key lending rate that is used as a benchmark for the interest paid on credit cards, home equity loans and many business loans. Keeping that rate, also known as the fed funds…
โข
The Fed made what it claims is a minimal change in strategy today, as it raised the emergency loan rate today from 0.5%. According to the Wall Street Journal, โThe Fed said the move wasnโt meant to affect monetary policyโฆโ Yet in a realm as dependent upon expectations as monetary policy, how could a marked…
โข
“On Wednesday, February 10, Federal Reserve Chairman Ben Bernanke was expected to appear before the House Committee on Financial Services to testify on the Fedโs extraordinary measures taken during the financial crisis, and how the Fed is planning to unwind them. Though cancelled by the โsnowmageddonโ that hit the DC area, has been published on…
โข
Lawrence H. White speaks to students attending FEE’s 2009 Young Scholars Colloquium at Northwood University. To see the full video, please go here. “The Gold Standard” Lawrence H. White Young Scholars Colloquium, July 16, 2009. Via the Foundation for Economic Education
โข
“I’ve been doing a little reading this morning about the Greek crisis and related problems in Europe. One take, and it makes sense to me, is that many European countries have such low fertility rates that even with some degree of immigration, they simply will not have the future population levels necessary to pay for…
โข
Wednesdayโs Washington Post featured a column by Steven Pearlstein that sums up the ongoing debate over the regulation of the financial industry, or at least it attempts to do so. As we all know, the collapse of the financial industry played a major role in what has now become a worldwide recession. The obvious response…
โข
“The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S. Treasury has given the housing GSEs $112 billion in cash infusions, and this past Christmas Eve it quietly announced it would cover all of Fannie and Freddieโs losses beyond the original $400 billion limit…
โข
“Fitch Ratings, citing concerns about Greek banks’ funding costs and profitability, downgraded the country’s four major banks to triple-B, or two notches above “junk” status. Fitch characterized its outlook for Greek banks as ‘negative’… The cost of funding for the four banks in questionโNational Bank of Greece, Alpha Bank, Efg Eurobank Ergasias and Piraeus Bankโhas…
โข
“Critics charge Greenspan with having carried on an excessively expansionary monetary policy, particularly following the recession of 2001. They note how low interest rates were from 2002 through 2004 and argue that those low rates paved the way for everything from high prices at the pump to high prices at the supermarket, from the housing…
โข
The Atlas Sound Money Project is proud to announce the winners of its 2010 Atlas Sound Money Essay Contest. We are grateful for the carefully crafted, well-reasoned essays that we received from undergraduate and graduate students and young scholars from the think tank and policy communities.ย ย It has been gratifying to see so many who…
โข
“There are plenty of experts who argue that the Fed should move sooner rather than later to raise the federal funds rate, its key lending rate that is used as a benchmark for the interest paid on credit cards, home equity loans and many business loans. Keeping that rate, also known as the fed funds…
โข
The Fed made what it claims is a minimal change in strategy today, as it raised the emergency loan rate today from 0.5%. According to the Wall Street Journal, โThe Fed said the move wasnโt meant to affect monetary policyโฆโ Yet in a realm as dependent upon expectations as monetary policy, how could a marked…
โข
“On Wednesday, February 10, Federal Reserve Chairman Ben Bernanke was expected to appear before the House Committee on Financial Services to testify on the Fedโs extraordinary measures taken during the financial crisis, and how the Fed is planning to unwind them. Though cancelled by the โsnowmageddonโ that hit the DC area, has been published on…
โข
Lawrence H. White speaks to students attending FEE’s 2009 Young Scholars Colloquium at Northwood University. To see the full video, please go here. “The Gold Standard” Lawrence H. White Young Scholars Colloquium, July 16, 2009. Via the Foundation for Economic Education
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact