Post Tagged 'Federal Reserve System'

September 01, 2020

Justice demands ‘Just Money’

Widespread civil unrest, social media fueled hysteria, and political polarization have infected our public life. Vice President Joe Biden suggested on Monday that these problems have been fomented by his opponent. Continue Reading...

October 24, 2011

Vatican Economic Analysis Incomplete, Says Gregg

Acton’s director of research Samuel Gregg has provided his reasoned take on the new document from the Pontifical Council for Justice and Peace — it’s up at The Corner. While its diagnosis of the world economy is fairly accurate, the council’s treatment plan is lacking in prudential analysis. Continue Reading...

September 01, 2011

How to Deliver a Recession: Cut Brake Lines, Accelerate Toward Cliff

Economic historian Brian Domitrovic has an interesting post up at his Forbes blog, Past & Present, on the proximate causes of the 2008 meltdown. According to Domitrovic, uncoordinated, even “weird” fiscal and budgetary policy in the early 2000s kept investors on the sidelines, and then flooded the system with easy money. Continue Reading...

July 12, 2011

Editorial: Intergenerational Ethics and Economics

My editorial, “Intergenerational Ethics and Economics,” appears in the latest issue of the Journal of Markets & Morality (more details about that issue here). In this short piece I explore some of the implications and intergenerational consequences of public debt. Continue Reading...

March 09, 2011

Back to Budget Basics

In this week’s Acton Commentary, “Back to Budget Basics,” I argue that the public debt crisis facing the federal government is such that “All government spending, including entitlements, defense, and other programs, must be subjected to rigorous and principled analysis.” Continue Reading...