Liberty
Free advice for the new Fed chair
Ramesh Ponnuru offers an idea that could improve the Federal Reserve’s operations. Kevin Warsh aspires to be a Federal Reserve chair of few words. He doesn’t think the central bank…
Interest rate
Liberty
Stop playing games with national debt
Editors at National Review Online offer words of caution to the Trump administration’s top treasury official. A heavily indebted debtor is not well-advised to be seen to play games with…
Liberty
Circumstances suggest deficit reduction could be on the way
Michael Strain ponders whether the normal democratic process can lead to a reduction in federal deficits. In Washington, analysts and politicians alike seem increasingly resigned to the idea that the…
Liberty
National Review labels credit card interest cap a scam
Editors at National Review Online pan a bad idea emerging from the Trump administration. President Trump has returned once again to the well of half-baked populist economic proposals in his…
Research Brief
Regulation
When rate caps cut off credit
In a Jan. 9 post on Truth Social, President Donald Trump called for a one-year federal cap of 10 percent on credit card interest rates, declaring that Americans would no…
Research Brief
Regulation
The 50-year mortgage: More than a bad idea
President Donald Trump recently revived talk of a 50-year mortgage. On Truth Social, he shared an image of Franklin D. Roosevelt labeled “30-year mortgage” beside a photo of himself marked…
Liberty
Urging Trump not to fire the Fed chair
Editors at National Review Online offer the president some free advice. It’s no secret that the U.S. government is highly indebted, and it’s no secret that the larger any tab…
Liberty
Lamenting Trump’s war on the Fed
Editors at National Review Online assess one of President Donald Trump’s latest feuds. If Donald Trump is upset about higher interest rates, he should stop doing just about everything he…
Liberty
Market Crash Should Not Provoke Policy Panic
Editors at National Review Online urge federal policymakers to resist the urge to “do something.” Monday’s fall in the S&P (3 percent) was the biggest one-day drop since )a little…
Liberty
Inflation Raises New Challenges for Biden
Zachary Halaschak writes for the Washington Examiner about an economic challenge for President Biden’s re-election bid. The rising odds that the Federal Reserve might not cut interest rates at all…
Research Brief
Energy
Model Bill To Align Power Company Incentives with Customers’ Needs
Under current law, a power utility in North Carolina can expect full cost recovery and profits on building new power plants, regardless of their reliability. This structure incentivizes overbuilding the…
Liberty
Bidenomics Causes Lasting Damage
K.S. Bruce writes for Real Clear Politics about the impact of President Biden’s bad economic policies. Recently, Democratic Party-cheerleading economist Paul Krugman declared, “Inflation is over. We won.” This is…