Ben Bernanke
Why Is Ben Bernanke The Only Man in Washington Who Cares About Jobs?
JARED BERNSTEIN, a Washington wonk and former economic adviser to Joe Biden, recently posed an interesting question. Why is it, Bernstein asked on his blog, that the only part of the government acting with any urgency to ease joblessness—the economic problem affecting the greatest number of Americans—is the unelected Federal Reserve? READ MORE >>
How President Romney Would Crush the Recovery
MITT ROMNEY is a turnaround artist. At Bain Capital he seized faltering businesses too blind and bloated to mend themselves, restructured them, then took them public. Now Romney wants to seize and restructure U.S. economic policy. The only difference is that the federal government is already public. Should we let him acquire it? READ MORE >>
Political polarization has become an obstacle to economic growth because it is increasing uncertainty, and delaying new private sector investment and hiring. That’s the view emerging from the business community and—increasingly—from the economics profession. READ MORE >>
Wall Street, Main Street, and Wages after the Bailouts
America’s financial sector is in the news almost every day, its role in the economy and relationship to government subjects of public debate. “Banks got bailed out, we got sold out!” is a common protest chant in the Occupy Wall Street movement, while Federal Reserve chairman Ben Bernanke defends the Fed’s assistance to banks during the financial crisis in 2008. Meanwhile, the nation as a whole remai READ MORE >>
Herman Cain’s Debate Loss Is Nobody’s Gain
With former pizza magnate Herman Cain suddenly running second to Mitt Romney in most national polls, a Cain Mutiny was as inevitable as the Iowa caucuses moving into the Christmas season. READ MORE >>
That Explains Everything
Why Did Republicans Turn Against the Fed?
Liberal v. Conservative Fed-Bashing
Why Liberals Should Join Conservatives’ Fed-Bashing Fun
It’s hard to interpret the letter that Congressional Republicans sent on Tuesday evening to Ben Bernanke as anything other than an attempt to politically influence the monetary policy set by the Federal Reserve. Democrats have correctly recognized this as a rare breach of the central bank’s independence. But rather than complaining about conservatives’ fervor for monetary issues, liberals should be seeking to emulate them. READ MORE >>
Going Soprano on the Fed
So now the Republicans want to go all Tony Soprano on the Fed. READ MORE >>