The Fed

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Jonathan Newman

One doesn’t need to search modern economic literature to take on the MMT crowd. Just read Bastiat.

Mark Thornton

Markets are preparing for the Federal Reserve to “pivot”; that is, change directions from raising interest rates to cutting them. What does it mean? It means that the Fed’s leadership has learned nothing in the past several years.

Artis Shepherd

Despite higher rents, investment in new apartments is a losing proposition, thanks to the Federal Reserve.

Frank Shostak

The Post-Keynesian School of Economics claims that business and personal debt create instability that sinks the U.S. economy. Private debt, however, is not the cause of boom-and-bust cycles.

Federal debt is soaring out of control, and perhaps it is not surprising that the CBO has not updated its forecasts with this debt uncertainty.