Javier Milei, the frontrunner in the Argentine presidential elections, has officially tapped Emilio Ocampo to head Argentina’s central bank (BCRA). Ocampo and I co-authored the now-famous dollarization proposal that Milei…
Category:
Economy
-
-
If something sounds too good to be true, it probably is. That is especially true when it comes to economic policy. Take, for example, a recent column by the Coalition…
-
America’s students have gone back to college. And in my case, they will soon face their first exams. That has turned my focus back to issues of what kind of…
-
Economy
Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’
The television series The Six Million Dollar Man follows the adventures of Steve Austin, a former pilot rebuilt from a crash using futuristic, high-tech “bionic parts and implants.” Neither of…
-
Inflation in the United States has fallen from its elevated levels a couple of years ago, although not quite all the way to the Federal Reserve’s target average rate of…
-
The Federal Open Market Committee opted not to raise its interest rate target at its September 20 meeting. The range for the federal funds rate remains 5.25-5.50 percent. However, several…
-
Economic freedom in the world has plunged in recent years, due mainly to the interventions and fiscal-monetary profligacy associated with COVID shutdowns, mandates, and subsidies. The global measure is given…
-
Last week, we commemorated the 50th anniversary of the takeover of power in Chile by Augusto Pinochet. A lot of ink was spilled over this takeover, due in part to…
-
In March 1932, Collier’s Weekly ran an article titled “Tax Everyone But Me,” which included an instance starting with “Congress! Congress! Don’t tax me” instead of the sing-song: “Don’t tax…
-
On Monday, 114 climate activists were arrested in New York City after having made quite the spectacle outside the Federal Reserve building. The stunt came just days after tens of…