Tags » Paul Volcker

Why Paul Volcker was key to Jimmy Carter's economic legacy

It’s not a compliment when a president’s economic record is compared to that of Jimmy Carter’s, who held office during a troubled economy. Republican presidential candidates Donald Trump and Ted Cruz have bemoaned President Barack Obama’s slow growth economy as similar to Carter’s. 1,080 more words


Investor confidence in the U.S. plummets

Investor confidence in U.S. stocks is falling at its fastest rate since the 1980s, following the U.S. Federal Reserve’s decision not to raise interest rates last week. 425 more words


These two states actually have their finances in order

In a report released on Monday, the Volcker Alliance gave good marks to California and Virginia for having their financial act together. The nonprofit organization, which was founded by former Federal Reserve Board Chairman Paul A. 314 more words


International Economic Forum wants to put Montreal on the map

Montreal is an event-driven city. Think of the Grand Prix, the jazz festival, the Just for Laughs festival, the Rogers Cup tennis tournament.

Gil Rémillard wants that same spirit to animate the Conférence de Montréal, billed as the International Economic Forum of the Americas. 1,084 more words


Cluelessness about Strategy, Tactics and Discretion

In his op-ed in the weekend Wall Street Journal, John Taylor restates his confused opposition to what Ben Bernanke calls the policy of constrained discretion followed by the Federal Reserve during his tenure at the Fed, as vice-chairman under Alan Greenspan from 2003 to 2005 and as Chairman from 2005 to 2013. 2,597 more words

Milton Friedman

What Is the Historically Challenged, Rule-Worshipping John Taylor Talking About?

A couple of weeks ago, I wrote a post chiding John Taylor for his habitual verbal carelessness. As if that were not enough, Taylor, in a… 1,670 more words

Paul Krugman