"Experts seemingly identify much more closely with the central bankers — the practitioners of monetary policy — than with those forced to contend with the negative consequences of bad decisions."…
"Does it make sense, for a nation founded on the notion of individual liberty, equality under the law, and personal property rights, to allow a government agency to manipulate the…
Beware of President Obama’s call for a doubling of U.S. exports over the next five years as a way to reduce the unemployment rate. The obvious quick route to export…
‘The most important initiative you could take to improve the world economy would be to stabilize the dollar-euro rate.’Global monetary relations are in disarray. Exchange rates fluctuate wildly among the…
The willingness to work for the sake of future prosperity is a universal human quality, but people must believe there is a link between effort and reward. The euro is…
The creation of the euro was either the greatest historic achievement of the last century—or its worst delusion. Not to be glib, but the answer is both: The euro represents…