A misguided response to the fiscal cliff could risk a recession while doing little to solve long-term financial problems
Multiple debt markets are facing big trouble because of excessive borrowing and the Fed’s easy-money policies.
The Federal Reserve is a famously inscrutable institution. Given their ability to move markets, Fed officials have long been in the habit of speaking in careful, jargon-laced language that is often constructed with the express …
Limiting future increases in government spending will be less painful than making sudden deep cuts in current programs.
Fraud and improper payments for government programs amount to $125 billion a year. Reducing those losses substantially would avoid a lot of painful cuts.
Over the years, Warren Buffett has gotten a lot of miles out of his folksy charm and ability to distill elaborate financial concepts into plain English. And recently, proponents of higher tax rates for the wealthy have gotten a …
The resolution of the Fiscal Cliff will probably no solve much, while little attention is paid to the real economic problems.
Whatever the budget deal, it probably won’t be able to prevent sluggish growth and the risk of rising inflation.
After each election, the media tends to brood over a predictable set of issues, like the small mindedness of campaign policy proposals to the nastiness of negative advertising. Another bugaboo of the pious punditry is the …
The U.S. is confronting a dizzying array of financial issues that will have to be dealt with early next year.
Many factors contribute to increasing inequality. Public policy should focus on eliminating only the bad ones