Study: As U.S. Drops Again, Swiss Economy Still Most Competitive
The United States dropped in the Global Competitiveness Index ranking for the fourth year in a row because of exploding debt and deficits...
Economics
Romney Says He Would Replace Bernanke at Fed
GOP presidential contender Mitt Romney has announced that he would not reappoint Federal Reserve Chairman Ben Bernanke to a third term, but indicated...
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CBO Projects Recession in 2013
The Congressional Budget Office released its economic analysis for 2013 in its annual summer budget update on Wednesday, reporting, “The sharp increases in federal taxes...
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Europe Must Further Centralize Fiscal Power, Claims Fed Boss Bernanke
As American lawmakers debate reining in, auditing, reforming, or even abolishing the controversial Federal Reserve System following a growing wave of bipartisan outrage...
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Led by Rep. Ron Paul, Congress Explores Sound Money
As concerns over the U.S. dollar and the Federal Reserve continue to grow, U.S. lawmakers explored sound money, competing currencies, and the route...
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Fed Considers Pre-emptive Stimulus
Some members of the Federal Reserve are encouraging the Fed to make policy changes to pre-empt problems that may arise as a result...
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Congress Debates Estate Tax Increase
The class warfare rhetoric that accompanies the tax debate is reigniting as congressional lawmakers battle over how to address a pending increase of...
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Scranton Pa. Can’t Kick the Can, Cuts Salaries to Minimum Wage
After conferring with the city’s business administrator, Scranton, Pennsylvania, Mayor Chris Doherty announced on Wednesday, June 27, that all 398 city employees would...
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Feisty, Fearless Economist Anna Schwartz Dead at 96
Best known as the co-author, along with Nobel Prize winning economist Milton Freidman, of A Monetary History of the United States, 1867-1960, Anna...
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Congress Debates the Federal Reserve: Reform or Abolish?
In a rare moment of bipartisan unity, lawmakers and economists on both sides of the aisle largely agreed on two points: The Federal...
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Rep. Duncan Hunter Wants BLS to Report Real Unemployment Rate
Rep. Duncan Hunter (R-Calif.) is renewing his push for legislation that would amend how the federal government assesses the U.S. unemployment rate. When...
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BRICS Renew Challenge to U.S. Dollar Hegemony
The statist rulers of the so-called “BRICS” countries — Brazil, Russia, India, China, and South Africa — have been subtly calling for an...
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Federal Reserve “Propaganda” Curriculum Aimed at High Schools
As the Federal Reserve came under increasing scrutiny by outraged lawmakers and the public in recent years, it hired a lobbyist to defend...
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GOP Lawmaker Unveils New Effort to Rein in Fed
As scrutiny of the Federal Reserve System and public outrage over its actions continue to build, lawmakers on both sides of the aisle...
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Now, More Than Ever, Time to Audit the Fed
The Federal Reserve initiated "quantitative easing" — inflating the money supply — to shore up banks and the economy. Now the Fed is...
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