by Andrew F. Quinlan | Apr 24, 2021 | Opinion and Commentary
Originally published by RealClearMarkets on April 23 2021. In February, all of the Federal Reserve’s payments systems failed for half a day. The systems include FedWire, which the Fed itself advertises as the “premier electronic funds-transfer service...
by Dan Mitchell | Jul 7, 2020 | Blogs, Economics, Taxation
I certainly don’t intend to do this for everyone who has made it to the White House, but I have produced big-picture economic assessments of several presidents. Herbert Hoover Franklin Roosevelt Richard Nixon Ronald Reagan George H.W. Bush Bill Clinton George W. Bush...
by Dan Mitchell | Mar 4, 2020 | Blogs, Economics, Monetary Policy
The coronavirus is a genuine threat to prosperity, at least in the short run, in large part because it is causing a contraction in global trade. The silver lining to that dark cloud is that President Trump may learn that trade is actually good rather than bad. But...
by Dan Mitchell | Mar 2, 2020 | Big Government, Blogs, Bureaucracy
I’m not a big fan of bureaucracy, mostly because government employees are overpaid and they often work for departments and agencies that shouldn’t exist. Today, motivated by “public choice” insights about self-interested behavior, I want to make an important point...
by Andrew F. Quinlan | Nov 6, 2019 | Opinion and Commentary
Originally published by Western Journal on November 5, 2019. President Donald Trump has been highly critical of the Federal Reserve, and now we know he is right in at least one important way. Luckily, Republicans in Washington are responding by providing the GOP with...