Inflation
Business & Economics
The Fed Painted Into a Keynesian Corner
Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
Robert P. Murphy
January 22, 2008
Business & Economics
State’s economy at year’s beginning
State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...
Troy Nichols
January 5, 2001
The Fed Painted Into a Keynesian Corner
Although one sympathizes with Ben Bernanke—after all, it wasn’t his fault that Greenspan handed him an economy rigged with ticking housing and mortgage bombs—the harsh reality is that the Federal Reserve can’t create prosperity. Strip away all the pomp and glamour of “open market operations” and the like, and we’re ...
State’s economy at year’s beginning
State lawmakers convening on Monday in Olympia will not have to rely on staff reports to tell them how bad the economy is, the evidence is all around them. A few reports they would be wise to read, however, are four released last year that examine the underbelly of the ...