After several centuries of experimentation with boom-and-bust monetary and fiscal policies, we need to give the Austrian school a chance.
After several centuries of experimentation with boom-and-bust monetary and fiscal policies, we need to give the Austrian school a chance.
John B. Taylor’s recent book on the financial crisis of 2008 provides an objective look at how Federal Reserve monetary policies and Treasury mismanagement played a key role in the crisis, and could have been averted.
Free content added to the Wall Street Journal online site on capital markets, foreign policy-national security, ‘climate change,’ health care, and a variety of other topics.
Rapidly rising federal and state health insurance mandates are driving up the cost of insurance premiums, and below-market Medicare reimbursements are shifting costs to consumers.
Is a rising GDP and widespread prosperity due to broad economic growth in the private sector on hold, as a result of government spend-and-tax-and-regulate policies?
Some have equated the acute financial turbulences of September 2008 with acts of “economic or financial terrorism.” Are they justified?
Health care and insurance costs have been growing at many times the rate of inflation for years. Slowing or reversing the growth in costs can happen, but not by nationalizing health care. Fixing the tractable systemic issues and moving to a free market structure will lead to a “healthier” solution for everyone.
The differences in the economic and fiscal policies of Japan and South Korea over the last three decades are instructive for the U.S., if we are willing to listen.
The U.S. has the second highest corporate tax rates in the world. Cutting the corporate tax rates will promote business investment, create jobs and stimulate the economy unlike any socialist bailout at the U.S. taxpayer expense.