Not PC

Alan Greenspan, dubbed by Ayn Rand as "The Undertaker."   Ultimately, he took the job that John Galt refused: economic dictator ...

The central bankers on the Nobel Prize committee gave their award this year to the central bankers who, as Mark Thornton outlines in this g...

"T he committee that awards the Nobel Prize in economics announced Monday it has chosen three U.S. economists for the 2022 prize [inclu...

"Under the classical gold standard, prices and wages were expected to adjust to economic disequilibria. Under the PhD standard, it’s...

The American central bank – the Fed – has exported asset-price inflation to the world. But in  recent times there are signs this asset bubbl...

No, you can’t see bubbles when you’re in them, said Bubble Master Alan Greenspan. No, there’s no way to tell if you’re a in bubble, said h...

So, as expected , Obama has finally formally appointed Janet Yellen to chair of the US Federal Reserve, taking over from PrintMaster-in-Chie...

Guest post by Detlev Schlicter A new meme is spreading in financial markets: The U.S. Federal Reserve is about to turn off the monetary sp...

Guest post by Detlev Schlicter The publication earlier this week of the Federal Reserve’s Federal Open Market Committee minutes of Jan. 29...

‎ D espite the devastation of the Fed’s previous burst bubbles ... Bernanke still believes in the virtue of pumping. His current policy is ...

As a bookend to the non-answering of Queenbo’s question to economists ( story here yesterday ), we’ve now got the diametrical opposite to Pe...

Last week I posted a piece on The Biggest Bill in the History of the World – that is, the $22 trillion bill American taxpayers and their ch...

In testimony to Congress and in the Wall Street Journal , Federal Reserve Chairman Ben Bernanke continues to resist Ron Paul’s bill to audit...

Neil Barofsky, special inspector general for the TARP program, says the total cost of the TARP programme – the Toxic Assets Relief Programme...

This video of Federal Reserve chairman Ben  Bernanke puts into perspective the recent predictions of of economic recovery made by our own ce...

Joseph Keckeissen offers an alternative universe in which the bailouts didn’t happen and TARP was thrown back; in which the money supply w...