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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
The Case for Ending Ethanol Subsidies Diana Furchtgott-Roth 04/22/2008
At a time of soaring food prices and concern over carbon emissions, George Bush needs to rethink his biofuel policy.
Peter Pan Goes to Wall Street Vincent R. Reinhart 04/15/2008
Participants in the subprime mortgage market had a ‘Never-Never Land’ attitude. Now we must clean up the mess.
You Better Shop Around Diana Furchtgott-Roth and Andrew Brown 04/11/2008
Treasury Secretary Henry Paulson has a simple reform plan that would improve insurance options for all Americans.
The Road to a Bank Bailout Desmond Lachman 04/01/2008
In order to protect U.S. taxpayers, the Federal Reserve should address financial problems transparently.
Cuckoo for Switzerland John Fund 03/28/2008
A small country with a skilled workforce, booming exports, and enormous prosperity has become the envy of Europe.
Grading Bernanke: A Symposium THE AMERICAN 03/27/2008
At a time of severe anxiety in the financial world, has the Fed acted wisely? Five experts share their thoughts.
The Fed’s New Alphabet Soup Vincent R. Reinhart 03/24/2008
Federal Reserve officials have effectively rewritten the rules on the role of a central bank in a market economy.
A Tax Scandal in Deutschland Jurgen Reinhoudt 03/20/2008
Rather than seek a Europe-wide crackdown on tax havens, Germany should work to simplify its own Byzantine system.
Capital Ideas Peter J. Wallison 03/19/2008
Lawmakers should turn their attention to persuading banks and other financial intermediaries to raise more capital.
Fighting Recession With Panic John L. Chapman 03/18/2008
Why the Federal Reserve’s aggressive monetary easing is the wrong solution to America’s economic woes.