Economics - The New American

Greenspan: U.S. Won’t Default Because We Can Inflate Money Supply

Former Federal Reserve Bank Chairman Alan Greenspan (left) came up with a novel way to claim the U.S. government would never default on...

Thomas R. Eddlem August 8, 2011

Economist Says National Debt Really $211 Trillion

Jack Kenny August 8, 2011

If a $14.3 trillion national debt sounds like a staggering sum, economist Lawrence Kotlikoff's estimate of the nation's real long-term indebtedness might bowl...

Regulating Jobs to Death

William P. Hoar June 22, 2011

Item: In the Wall Street Journal for May 26, Cass Sunstein (photo at left), the President’s top regulator, wrote: “A 21st-century regulatory system...

UK Financial Times: U.S. Economy Bound for Japanese-style Lost Decade

Thomas R. Eddlem June 21, 2011

Britain's leading financial newspaper, the London Financial Times, now believes that the U.S. economy may be headed toward a Japanese-style "Lost Decade." ...

Stagnant Economic Growth Weakens Obama’s Credibility

Brian Koenig June 14, 2011

President Obama commenced his weekly address on Saturday by subtly blaming sluggish economic growth and high unemployment on his predecessor — the Bush...

The $61 Trillion Debt

Michael Tennant June 9, 2011

Anyone paying much attention to the news is aware that the U.S. government is now about $14.3 trillion in debt and considering borrowing...

National Debt: Hitting the Ceiling or Going Through the Roof?

Michael Tennant May 24, 2011

“The fact that we are here today to debate raising America’s debt limit,” said the Senator, “is a sign of leadership failure. It...

George Soros a Student of the Austrian School?

Joe Wolverton, II, J.D. May 2, 2011

George Soros courageously walked into the Cato Institute on Thursday to debate some of the nation’s leading scholars of the Austrian School of...

Evidence for Double Dip is Growing

Bob Adelmann April 29, 2011

Establishment economists and other economic cheerleaders were disappointed to learn that, despite the government’s best efforts to revive the economy through Keynesian interventions...

IMF: Chinese Economy To Surpass U.S. By 2016

Alex Newman April 26, 2011

The International Monetary Fund (IMF) now predicts that the size of China’s economy will surpass America’s by 2016, far earlier than most mainstream...

Rep. Paul Plans Hearing on Fed’s Foreign Bailouts

Alex Newman April 4, 2011

Constitutionalist Rep. Ron Paul (R-Texas), the Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy, is planning to hold hearings about...

Libya Costs Will Undermine GOP’s Savings

Raven Clabough March 24, 2011

While Republicans have touted savings in the passage of continuing resolution after continuing resolution, it seems the military operations in Libya may eliminate...