For Mr. Dodge, it’s the notable absence of the Americans, who have been central players in sorting out most every major economic crisis since the Second World War. Remember the Committee to Save the World? Treasury Secretary Robert Rubin and Federal...

Shoes are durable, almost universal, and range from extremely cheap to very expensive. Because of the price range and their durability, looking at wear and tear tells you a lot about the wearer’s underlying economics. Alan Greenspan famously watched a...

Its primary goals are interpreting macroeconomic data, formulating economic policy for the White House, and overseeing other parts of the government to ensure all departments promote the current economic agenda. Past chairman of the CEA include Alan...

Aggregate demand in the U.S. , as measured by nominal final sales to domestic purchasers (FSDP), has trended at an annual rate of 5.1% since 1987 (see the accompanying chart). There have been ups and downs, with three demand bubbles occurring during...

Bernanke says,‘and it failed. Fed watchers rate Bernanke highly on other counts. Most are impressed with the transparency he’s brought to the notoriously secretive institution. There is open dissent now at Federal Open Market Committee meetings,...

If Rep. Paul can convince enough people to end the Federal Reserve Americans might actually learn how many trillions it loans to “too big to fail” Wall Street banking institutions as well as to foreign banks, generally without oversight by the Congress.

Meanwhile, large-scale cross-border capital flows undermined central banks’ ability to influence short-term rates, as Alan Greenspan presciently noted in what has come to be known as “the Greenspan Conundrum”. The bold innovations of the self-effacing...

But Iran is a classic case of why gold is a last resort, reserve asset. Iran's currency is worthless outside its borders; its name is mud in the developed world -it's this that Alan Greenspan described as "in extremis". He said, "Gold is money, in...

After all, the former chairman of the US Federal Reserve has his fingerprints all over the current crisis of the system he worships. Indeed, if one man could be said to have brought the world to its present pass, it would be Greenspan. His fanatical...

Some of the links are curious. In particular, although he avoids the language of those debates, I see Bullard in effect supporting views of people who disagree with the old conventional consensus, although in this he may have been following Alan...

The tariffs did nothing to help boost US employment, instead they dealt a heavy blow to the many small firms that used to import tires from China. It's absurd for the US government to blame others instead of trying to revive its own economy. As former...

This is a big smoke screen to make opponents look bad(with the help of the news media of course) Andrea Mitchell is a shrill pill herself. With a mug like Andrea Mitchell’s no aspirin required. Every time Andrea Mitchell talks about sex I can not get...

Prior to the Great Recession, I had heard federal politics described as little more than an ongoing argument about taxes; who pays too much, who pays too little, how much should be collected, how much can be collected. The data shows, however, that...

...go through the last 15-20 years of perfect, brilliant top economist Larry Summers’ career: He joined Robert Rubin and Alan Greenspan in their successful attempt to tear down long-standing financial regulations and keep derivatives totally unmonitored as...

It is the most corrupt system. Alan Greenspan going to Congress and saying publicly—and everybody treating him as if he was some kind of oracle—encouraging people to go to adjustable-rate mortgages, and then almost immediately he starts raising...

SAD THING IS ONLY NEWT WANTED THE HIGH RAOD AAND NOW IS ALL BUT FINISHED , he was the only honerable one, and the smartest one and best qualified as well and was ambushed with lies and mangled facts and we all are going to lose out for ROMNEYS DIRTY...

One recent headline trumpeted that “Americans Gaining Energy Independence With U.S. as Top Producer.” Another declared “U.S. Nears Milestone: Net Fuel Exporter.” The American Petroleum Institute president Jack Gerard says that with policies more...

Greenspan, a Republican appointed to the Federal Reserve by Ronald Reagan, was worried the entire national debt would be paid off in 2001. And now, a quote from 2001 from Greenspan's 'Age of Turbulence.' We start on page 213, enter George 'W' Bush. "The...

Ever since the Obama administration touched off a furious national debate with its decision to require all employers to facilitate and subsidize "free" birth control coverage for their employees, advocates on both sides of the question have sought to...