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Will the Federal Reserve’s Easy-Money Policy Turn the United States into a...
One of my first blog posts (and the first one to get any attention) highlighted the amusing/embarrassing irony of having Chinese students laugh at Treasury Secretary Geithner when he claimed the United...
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Savage New York Post Column on How Obama Economic Policy Is Causing Global...
I have a column in today’s New York Post, where I pull no punches as I comment on how the rest of the world is increasingly worried about Obama’s policies of easy money and deficit spending. I note...
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Bashing the Federal Reserve
I’m utterly envious at how this video has gone viral, but I have to admit that it is quite clever. I don’t think my flat tax videos, for instance, have quite the same flair. In any event, one imagines...
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The Hidden Explanation for Bernanke’s QE2 Policy?
Maybe I’m crazy, or maybe I’m just getting into the Christmas spirit, but I saw this photo of Fed Chairman Ben Bernanke on the Drudge Report and my mind instantly connected his image with this...
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Great Video Exposing Failures of the Federal Reserve
Thanks to the folks at the Mises Institute, Professor George Selgin of the University of Georgia (!) has a superb presentation on the failings of the Federal Reserve. George was one of my professors at...
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Someone Tell Bernanke You Don’t Cure Bad Fiscal Policy with Bad Monetary Policy
Fed Chairman Ben Bernanke is at it again, giving an interview that combines all of the worst features of Keynesian economics. I have an excerpt below from a New York Times report, which features an...
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Merry Christmas from Ben Bernanke
The Chairman of the Federal Reserve is such a swell guy, but you already would know that if you saw his Facebook page. Well, thanks to his “QE2 plan,” he’s giving the rest of us a very thoughtful...
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Five Things We Should Worry about in 2011
The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed...
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Obama’s Column against Over-Regulation: Insincere, Inaccurate, and Hypocritical
The President garnered some attention for his January 18 column in the Wall Street Journal, in which he said we need to control the regulatory burden. Let’s start with the insincere part. He praised...
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Comparing Reaganomics and Obamanomics with Minneapolis Fed Data
Ronald Reagan would have been 100 years old on February 6, so let’s celebrate his life by comparing the success of his pro-market policies with the failure of Barack Obama’s policies (which are...
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Bernanke’s Soft-Core Keynesianism Is Even Worse than the Nonsensical Analysis...
Earlier this week, the Washington Post predictably gave some publicity to the Keynesian analysis of Mark Zandi, even though his track record is worse than a sports analyst who every year predicts a...
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Guess Who Profits from Inflation?
As I’ve noted on previous occasions, I’m not a fan of Ben Bernanke and his actions at the Federal Reserve, though it is possible that QE2 may be the right policy (albeit for different reasons than...
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Some Wholesome Fed-Bashing on CNBC
A lot of guests for this appearance, but I think I got a fair share of airtime. More important, I explained why it is not a good thing for Ben Bernanke and the Federal Reserve to let the inflation...
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End the Fed: More than Just a Bumper Sticker Slogan?
To put it mildly, the Federal Reserve has a dismal track record. It bears significant responsibility for almost every major economic upheaval of the past 100 years, including the Great Depression, the...
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Ben Bernanke: Political Hack for Big Government
Ben Bernanke is definitely trying hard to overtake Arthur Burns and G. William Miller (those wonderful guys who helped give us the 1970s) as the worst Fed Chairman of the modern era. But unlike Burns...
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Easy Money from the Federal Reserve Is Not the Solution for America’s...
Allen Meltzer, an economist at Carnegie Mellon University, writes today in the Wall Street Journal about the Fed’s worrisome announcement that it will continue the easy-money policy of artificially low...
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Another Fed-Bashing Video
I generally try to avoid commenting on monetary policy. Not because I don’t have opinions, but for the simple reason that I don’t follow the issue closely enough to feel fully confident about what I...
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The Federal Reserve, the “Twist,” Inflation, QE3, and Pushing on a String
Welcome Instapundit readers: If you want a longer-term perspective on the Fed’s misdeeds, this George Selgin analysis is highly recommended. ===================================================== In a...
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Amusing Cartoon Asks Whether American Taxpayers Should Bail Out Europe’s...
There’s a rather simple solution to Europe’s fiscal crisis, but politicians will never do the right thing unless every other option is exhausted. That’s why American taxpayers should not be involved in...
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When Will We Learn that Regulation Is the Problem rather than the Solution?
I’ve explained on many occasions how the financial crisis was largely the result of government-imposed mistakes, and I’ve paid considerable attention to the role of easy money by the Federal Reserve...
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