Econ Comments & Analysis
WSJ | How to End the Fed's Rule-Making Secrecy
While many have raised concerns about the Federal Reserve's unprecedented monetary policies, there is comparatively less discussion of its regulatory activities—most of which take place in secret. This is especially problematic since the Fed was granted broad-ranging regulatory authority after the financial crisis, particularly in the Dodd-Frank Act of 2010.
Weekly Standard | No Statistics, No Mischief
It's been more than a week now and I’m beginning to suspect she’s not going to call, so here I will offer Janet Yellen the advice I’ve been hoping to give her privately since the Senate confirmed her as the new chairman of the Federal Reserve. My advice is: Think about John Cowperthwaite. By this I mean: Really think about
AEI | Three lessons for Mario Draghi
History is bound to judge harshly the European Central Bank’s recent decision to leave policy interest rates unchanged. For it did so despite the fact that European inflation is now running at less than half of the ECB’s 2 percent inflation target.
CATO | Bernanke’s Monetary Mess
Most who have graded Prof. Ben Bernanke’s twelve years at the Federal Reserve have issued marks which range from A to a gentleman’s C. I think those marks are much too generous. Indeed, I think a failing mark would be more appropriate.