Less is more after COVID-19, Forbes argues
Steve Forbes offers Forbes magazine readers a history lesson that could help guide economic policy after the COVID-19 pandemic. The coming question is what should be done once the coronavirus…
American writer and publisher (born 1946)
Steve Forbes offers Forbes magazine readers a history lesson that could help guide economic policy after the COVID-19 pandemic. The coming question is what should be done once the coronavirus…
Jim Grant of Barron’s tackles the latest fad popular among those who think governments can spend as much as they want with impunity. Modern monetary theory is not so theoretical…
Jim Grant of Barron’s explains why he’s no fan of monetary policy set by a room full of Ph.D.’s. Ben Bernanke, a Ph.D. in economics from the Massachusetts Institute of…
Jim Grant of Barron’s highlights the flaws of Austria’s new 100-year bonds. The National Weather Service makes 76 billion meteorological observations a year and mobilizes computing power 10,000 times greater…
Jim Grant argues in the latest Barron’s that the nation’s first Treasury secretary would object to the current state of federal government debt. Nobody cares about the deteriorating federal finances,…
Jim Grant writes for Barron’s about the impact of a decade-long Fed policy of suppressing interest rates. Medically speaking, low interest rates are disinhibitors. They stir the blood, liberate the…
Jim Grant writes at Barron’s about an increasingly casual approach to monetary policy. In finance today, comfort trumps propriety. As necks are tieless, so are earnings “adjusted.” As shirts are…
James Grant shares with Barron’s readers his concerns about current thinking among Federal Reserve leaders, including Vice Chairman Richard Clarida. Clarida acknowledged no doubts. He said that radical monetary policy…
Did President Obama have reason to crow about the American economy during his last State of the Union address? Thomas Donlan of Barron’s suggests the answer is no. We fall…
Lawrence H. White reviews for Barron’s a new book, The Forgotten Depression—1921: The Crash That Cured Itself, which examines the federal government’s minimal response to the last major economic downturn…
So argues economist James Grant (who calls himself a “Cleveland Democrat”) in this Washington Post piece. We have borrowed so much and will only be able to pay back in depreciating…
Today’s Wall Street Journal has several paragraphs from a speech given by financial writer James Grant at the Federal Reserve Bank of New York. Grant observes that central bankers everywhere…