by Dan Mitchell | Jun 9, 2019 | Blogs
Having been exposed to scholars from the Austrian school as a graduate student, I have a knee-jerk suspicion that it’s not a good idea to rely on the Federal Reserve for macroeconomic tinkering. In this interview from yesterday, I specifically warn that easy money can...
by Dan Mitchell | Apr 24, 2019 | Opinion and Commentary
Originally published by NewsMax on April 22, 2019. The Federal Reserve is getting a lot of news coverage because of new nominations that President Donald Trump has put forth to serve on the Board of Governors. But America’s central bank also should be in the news...
by Dan Mitchell | Apr 19, 2019 | Big Government, Blogs, Monetary Policy
What’s the biggest problem with the Federal Reserve? The obvious answer is that the Central Bank is susceptible to Keynesian monetary policy, which results in a harmful boom-bust cycle. For instance, the Fed’s artificially low interest rates last decade played a key...
by Dan Mitchell | Apr 6, 2019 | Blogs, Economics, Keynesian, Monetary Policy
Being a policy wonk in a political town isn’t easy. I care about economic liberty while many other people simply care about political maneuvering. And the gap between policy advocacy and personality politics has become even larger in the Age of Trump. One result is...
by Dan Mitchell | Apr 1, 2019 | Blogs, Economics, Monetary Policy
Back in January, I spoke with Cheddar about market instability and put much of the blame on the Federal Reserve. Simply stated, I fear we have a bubble thanks to years and years (and years and years) of easy money and artificially low interest rates. To be sure,...
