Are free market lines blurred when government agencies invest in private companies? How independent can a company claim to be when their budget is beholden to the U.S. government? Do the benefits outweigh the risks? Discuss.
So Janet Yellen’s first hearing took place a few nights ago. It was fairly boring. She’s expected to sail through and become the next chairperson of the Federal Reserve. Given that the last few years of extraordinary monetary policy have achieved a miserable recovery, what’s she going to do differently? Nothing. Just more of the …