Is Regime Uncertainty Abating?
The most recent job report appears, on the surface, encouraging news for the U. S. economy.
The Fed
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Jim Grant: What the Fed Calls Deflation is Actually Progress
Jim Grant recently appeared on Yahoo Finance and criticized central bankers and economists who fear deflation.
Central Banks Are Not Innocent Bystanders
The Economist recently opined that interest rates don’t affect investment.
Federal Reserve Attacks the Gold Standard
A good sign for the future: Fed economist attacks the Gold Standard.
The October Issue of The Free Market Is Online!
In case you missed it, be sure and check out the October issue of The Free Market, now o
Central Banks Are Not Innocent Bystanders
The Economist recently opined that interest rates don't affect investment. This claim is based on an empirical study that contradicts what we already know: that lower prices lead to more demand. In the end, the problem lies with the researches who fail to account for the behavior of central bankers.
St Louis Fed Chief : Does Low Inflation Justify ZIRP
President James Bullard dissects the nearly six years of Zero Interest Rate Policy and asks the question: does low inflation call for an earlier re
