Fed introduces new economic indicator to better assess the labour market
byEconomists at the Federal Reserve have devised a new indicator, which they hold will enable US central bank policy makers to get better information…
The Politics of “Free” Trade Agreements
by[Editor’s note: this article, by Carmen Elena Dorobat, first appeared at Mises.org] Amidst news of the prolonged worldwide recession, new air strikes, secession attempts, and…
Ten problems, or just one?
by“Sir, The next financial apocalypse is imminent. I know this to be true because the House & Home section in FT Weekend is now…
A market reset due
byRecent evidence points increasingly towards global economic contraction. Parts of the Eurozone are in great difficulty, and only last weekend S&P the rating agency…
Market failure
by“There are two ways of learning how to ride a fractious horse; one is to get on him and learn by actual practice how…
Is an increase in capital goods orders always good for the economy?
byOrders for US non-military capital goods excluding aircraft rose by 0.6% in August after a 0.2% decline in July to stand at $73.2 billion….
The Rise And Fall And Rise And Fall Of King Dollar, Part 2
byAs stated in the preceding column, here, eminent labor economist Jared Bernstein recently called, in the New York Times, for the dethroning of “King…
Interview with St. Louis Fed Vice President on Bitcoin
byDr David Andolfatto, who is Vice President of the St. Louis Fed, has been one of the most forward-looking people at central banks around…
The Rise And Fall And Rise And Fall Of King Dollar, Part 1
byThe Wall Street Journal, recently, in The Return of the Greenback, observed that “the resurgent dollar has logged its longest winning streak in 17…
New Normal
byJust over three weeks ago, in his keynote address to the Global Corporocracy at the so-called ‘Summer Davos’ meeting in Tianjin, Li Keqiang firmly…