milton friedman

In a 2009 article, the Huffington Post went into considerable detail about the number of people with PhD degrees in economics employed by the …

Its acceptance is as widespread as its justification is important, for it provides the rationale for the Federal Reserve’s unprecedented monetary expansion since 2008. While critics may dispute the wealth effect’s magnitude, few have challenged its conceptual soundness. Such is the purpose of this article. The wealth effect is but a mantra without merit.

There’s plenty of gushing about the Janet Yellen appointment as Federal Reserve Chairman. Yale economist Robert Shiller says she’s “a real mensch.” Greg Mankiw …

The best part of the chaotic debate in Washington about the payroll tax is that this wicked institution is finally getting the public attention …