According to CBC News, "The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices."...
Christine Lagarde, Managing Director of the IMF, revealed that it was a "a bit of a surprise" that she was not informed in advance of the Swiss National Bank's decision to dissolve the the inflationary peg with the euro....
President Obama's acolytes have begun circulating the term "middle class economics" through the Sunday morning news programs and throughout the media. ...
Entrepreneurship still isn’t very popular in economics, but Austrian ideas are increasingly influential in contemporary management research, where the future is bright for young Austrians....