News
Bloomberg | Draghi Says ECB Ready to Act, Urges Investment Before Taxes
European Central Bank President Mario Draghi said policy makers stand ready to act to support economic growth in the euro area, while calling on national governments to curb tax increases and prioritize investment.
Econ Comments & Analysis
AEI | Taming the megabanks
The gravest of the many problems with Dodd-Frank is that the law is based in a fundamental misunderstanding of how and why the megabanks it seeks to tame grew so large and complex in the first place. That growth was caused not by an unregulated market spun out of control, but by a set of disastrous federal policies.
Bloomberg | Bernanke Is Better Than His Critics at Balancing Risks
The markets’ reaction to the Federal Reserve’s latest policy announcement isn’t what Chairman Ben S. Bernanke wanted: Long-term interest rates have gone up. That’s a problem because the recovery is still tepid.
Fortune | Fed's Bernanke talk tab: $151 billion and counting
Holding $3.3 trillion in bonds when debt prices are falling might end up costing taxpayers money, or, then again, maybe not.
AEI | Troubling taper talk from central banks
With the way central bankers have been behaving over the past month, you would think global inflation is picking up, economies are booming, and financial bubbles are inflating further. Nothing could be further from the truth.
Blogs
Economist | Whose low rates are these?
A long debate has been raging over the nature of low long-term interest rates. In one camp, there are those who say that low rates are mostly a result of the quantitative easing pursued by rich-world central banks.
