IMF Seeks New Mandate, Global Currency
International Monetary Fund head Dominique Strauss-Kahn made a series of headline-grabbing statements late last week, calling for new supervisory authority over world financial...
Economics
CIT Founders and Taxpayers Foot the Bill
It’s official: the U.S. taxpayer is now on the hook for $2.33 billion in...
Geithner: No Double Dip
When he appeared on ABC News's This Week on February 7, U.S. Treasury Secretary...
Latest on the Economy: Heading Up, or Head Fake?
When the Bureau of Economic Analysis announced that “the output of goods and services…increased...
Obama’s State of the Union — And the Economy
Although the likelihood that President Obama will embrace a free-market solution to fixing the...
U.S. Debt Level Unsustainable, Report Says
“The debt level of the United States is unsustainable, something has to give,” said...
Federal Reserve Achieved Record Profits in 2009
Today more people are aware of the Federal Reserve's activities than ever before, mostly...
The Fed: Forever Blowing Bubbles
An article in the New York Times asked that since the Federal Reserve “failed...
Bernanke: Lax Oversight Recession’s Cause
Regulatory failures and not low interest rates were responsible for the housing bubble, implosion...
The Fed’s New Tool to Fight Inflation
Last Monday, the Federal Reserve unveiled its new “term deposit facility” as another tool...
Paul A. Samuelson, ‘Economics’ Textbook Author, Dies at 94
Long-renowned economist Paul Samuelson died on December 13 at his home in Belmont, Massachusetts,...
Nancy Pelosi Supports Global Tax on Stock Transactions to Fund Next Stimulus Bill
Speaker of the House Nancy Pelosi (D-Calif.) is the Will Rogers of big government:...
Captains of the Economy: The ‘Good Ol’ Boy’ Network is Alive and Well
In its attempt to glorify “the 10 who shaped the U.S. economy the most...
Another Stimulus Spending Bill in the Works
Top Washington Democrats are planning another round of "stimulus" spending legislation to create jobs,...
The National Debt: How Soon Before Uncle Sam Cries ‘Uncle’?
When Bob Schieffer of NBC News asked the rhetorical question: "...has going a trillion...
America’s Multi-Tiered Healthcare System
MSNBC reported on November 23 that America may be looking at a two-tier system...
The Diminishing Dollar
It began as a series of explosive claims in a British newspaper on Tuesday,...
Economists Surveyed Think Recovery Starting
Over 80 percent of the economists surveyed by the National Association for Business Economics...
Gold Hits Record Highs for Three Days
Early on October 8, BBC News reported that gold had hit $1,058 per ounce,...
UN Attacks Capitalism, Dollar
The United Nations released a report Monday attacking free-market economics and the role of...