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It's Not the "Trade Deficit," It's How Capital Was Used
1+ hour, 27+ min ago (128+ words) I. Introduction For decades, politicians of both parties have treated America's trade deficit as a national scoreboard—as though a smaller deficit automatically means a stronger economy. It does not. The real question is not whether America imports more than it…...
Zombie Monetarism: The Theory That Won't Die
14+ hour, 28+ min ago (15+ words) RealClearMarkets Zombie Monetarism: The Theory That Won't Die...
The Frenzied Serenity Of The Stock Market
1+ day, 1+ hour ago (15+ words) RealClearMarkets The Frenzied Serenity Of The Stock Market...
Warsh Is Way Behind The Curve
1+ day, 1+ hour ago (18+ words) RealClearMarkets Warsh Is Way Behind The Curve NGDP is growing too fast....
Want to Get Rich? Don't Start a Business, Run for Congress
1+ day, 1+ hour ago (23+ words) RealClearMarkets Want to Get Rich? Don't Start a Business, Run for Congress...
If The Economy Stinks Why Is Everyone Spending So Much?
1+ day, 14+ hour ago (21+ words) RealClearMarkets If The Economy Stinks Why Is Everyone Spending So Much?...
Why Wealth Taxes Always Fail
1+ day, 14+ hour ago (26+ words) RealClearMarkets Why Wealth Taxes Always Fail Where wealth taxes have been tried, they have usually been abandoned—and for good reason....
A NYT Headline About Trump Economy That We Had To Read Twice
2+ day, 1+ hour ago (25+ words) RealClearMarkets A NYT Headline About Trump Economy That We Had To Read Twice...
The Various Ways Kevin Warsh Is Changing Federal Reserve
2+ day, 1+ hour ago (19+ words) RealClearMarkets The Various Ways Kevin Warsh Is Changing Federal Reserve...
The Real Fed Danger That No One Is Talking About
2+ day, 1+ hour ago (87+ words) It seems new Fed head Kevin Warsh stepped in it last week, with headlines globally bemoaning his lack of monetary policy “forward guidance” and decision to answer reporters’ questions with word salad. Never mind that this simply reverts to the…...