“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were former Treasury Secretary Lawrence Summers’ now classic words to investors…
Category:
Economy
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Amid growing calls for the Federal Reserve to begin lowering interest rates, White House officials (and the president himself) have adopted the tactic of pointing to the nominal policy rates…
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Amid growing calls for the Federal Reserve to begin lowering interest rates, White House officials (and the president himself) have adopted the tactic of pointing to the nominal policy rates…
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Benefit cliffs occur when earning slightly more — through a raise or extra hours — leaves people worse off because they lose government benefits. Many economists believe these cliffs can…
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“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were former Treasury Secretary Lawrence Summers’ now classic words to investors…
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Regulations by government agencies may often be well-intended. A few may even be essential for maintaining safety standards, environmental quality, and reducing fraud. But the rapid growth of the administrative…
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In the main office building of the American Institute for Economic Research, three heroes of liberty look down upon our work. John Locke, FA Hayek, and Frédéric Bastiat continue to…
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Earlier this month, in her first public speech as the Federal Reserve’s Vice Chair for Supervision, Michelle Bowman laid out her vision for how the central bank should oversee and…
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Earlier this month, in her first public speech as the Federal Reserve’s Vice Chair for Supervision, Michelle Bowman laid out her vision for how the central bank should oversee and…
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In the main office building of the American Institute for Economic Research, three heroes of liberty look down upon our work. John Locke, FA Hayek, and Frédéric Bastiat continue to…