Okay, the Fed did not exactly say that, but I suspect that is how the world, particularly the dollar block, is interpreting Donald Kohn'...

we were concerned about oil reaching $100 a barrel? Take this KAL cartoon from The Economist, for example: Those were the good old days, rig...

In response to my posting on Gresham's Law and reserve currency status , a reader directed me to the below article that shows not all Eu...

Although I consider myself a macroeconomist, I really enjoy dabbling in the economics of religion. As noted in previous postings , I have do...

There has been a lot of talk about how current U.S. monetary policy, which has been highly accommodative for domestic reasons, is pushing up...

Earlier this year I read Overtreated by Shannon Brownlee and Healthy Competition by Michael Tanner and Michael Cannon. I was therefore, ...

Awhile back I made the case that the Fed could improve macroeconomic stability by adopting a nominal income targeting rule. Such a rule wo...