Recent Posts

Bernanke’s anxiety

Ben Bernanke is worried — and perhaps we should be, too. As chairman of the Federal Reserve from 2006 to 2014, it was Bernanke who, along with others, prevented the worst recession since World War II from becoming the Great Depression 2.0. Now he fears that, should another sharp recession occur, the Fed won’t be able to contain it. Traditionally, ...

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What Trump accomplished in first nine months in office

There’s a bit of a phony debate breaking out about Donald Trump’s accomplishments. On the one hand, the president himself is his usual bombastic and factually inaccurate self about what he’s done in office. In a series of tweets over the weekend, Trump claimed “perhaps no Administration has done more in its first 9 months than this Administration. Over 50 ...

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Give Yellen another term

President Donald Trump is weighing one of his most consequential appointments: Who should lead the Federal Reserve after current chair Janet Yellen’s term ends in February? The choice comes down to whether the president wants broad continuity in the way the Fed does its job — or a big change, and the accompanying uncertainty. The US economy has done well ...

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