Category: Op Ed

The Federal Reserve May Not Be Expert Enough To Manage The Economy

May 23rd, 2015
in Op Ed

Written by Steven Hansen Yesterday, Fed Chair Janet Yellen admitted: Of course, the outlook for the economy, as always, is highly uncertain. I am describing the outlook that I see as most likely, but based on many years of making economic projectio… more »

Derailing Amtrak: Tracking the Latest Disaster in the Infrastructure Crisis

May 22nd, 2015
in Op Ed

The dangerous underfunding of US infrastructure was underscored by a fatal train derailment on May 12th. The tragedy did not deter the House Appropriations Committee from voting to slash Amtrak funding the very next day. There are ways Congress could fund its massive infrastructure more »

Greece Remains Defiant as It Seeks Creditor Deal This Week

May 21st, 2015
in Op Ed

Greece's government said it won't back down on election pledges to end austerity. Nikos Filis, spokesman for the parliamentary group of Prime Minister Alexis Tsipras's Syriza party more »

Krugman Is Half Right

May 20th, 2015
in Op Ed

Paul Krugman has a nice column entitled "Fraternity of Failure" dated May 15, 2015. In Bushworld, in other words, playing a central role in catastrophic policy failure doesn't disqualify you from future influence. If anything, a record of being disastrously wrong on more »

Money - A Legal, Not an Economic Thing

May 19th, 2015
in Op Ed

I have recently read a paper by Christine Desan that is titled Money as a legal institution. The author argues that money is a legal thing, that it is defined by laws and that the law is changed in times of crisis. more »

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