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Cause and Control Is Back in Print
An amazing book appeared before FDR was elected that explained all economic events, using sound economic logic and evidence. The crash, this book said, was the result of monetary mismanagement by the Federal Reserve and distorted price and interest rate signals.
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Private Payrolls Jumped in October and Wage Growth Accelerated
U.S. nonfarm payrolls added 250,000 jobs in October and hourly earnings growth accelerated to a 3.1 percent rate, the highest since April 2009. Both are positive signs for the labor market and the economy overall.
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True or False: Economists Should Advise Despotic States
Economists are often asked to render economic advice to foreign nations. Sometimes these countries are ruled by dictators. That presents a moral quandary.
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