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William J. Luther

Tall Paul Volcker

The Institute for Economic Education at East Texas Baptist University has produced a funny music video titled The Legend of Tall Paul. Paul Volcker, of course, is widely credited with getting monetary policy under control in the 1980s, ushering in a period in US economic history known as the Great Moderation. Enjoy!

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Robert Hughes

Corporate Earnings Challenged By Slow Growth

With fourth quarter corporate earnings reports nearly complete, and the beginning of first quarter 2016 earnings reports less than a month away, a final look at the tally suggests corporate earning power remains challenged by slow growth.

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