News
MSN Money | Fed drops the pretense, buys bonds
Our redoubtable Federal Reserve was front and center last week as it continued its wildly aggressive monetary policy ways.
Econ Comments & Analysis
WSJ | ECB Chief Defends Austerity Measures
European Central Bank President Mario Draghi urged governments to build on "painful progress" they have made on narrowing budget deficits and overhauling their economies, despite the near-term damage these policies have inflicted on business activity and unemployment.
Hussman Funds | Roach Motel Monetary Policy
While we continue to observe some noise and dispersion in various month-to-month economic reports, the growth courses of production, consumption, sales, income and new order activity remain relatively indistinguishable from what we observed at the start of the past two recessions.
CATO | Basel’s Capital Curse
In the aftermath of the financial crisis, the oracles of money and banking have been beating the drums for “recapitalization” — telling us that, to avoid future crises, banks must be made stronger.
