by Henry Oliner | Sep 30, 2019 | Economics
The bailout of the overnight repo market by the NY Fed has raised a lot of questions. Why was the financial market unable to respond without Fed help? What caused such an unpredictable surge in demand that caused rates to double overnight? Such conditions are ripe for...
by Henry Oliner | Sep 30, 2019 | Economics, Taxes
from today’s WSJ, Stephen Moore- Trump’s Middle-Class Economic Progress The latest data from the Census Bureau monthly surveys tell a different story. Real median household income—the amount earned by those in the very middle—hit $65,084 (in 2019 dollars) for...
by Henry Oliner | Sep 29, 2019 | Law, Politics, Progressivism
from Conrad Black: Why Donald Trump will win big in 2020 A century after the U.S. Civil War, which at the cost of 750,000 dead in a population of 31 million suppressed the southern insurrection and emancipated the slaves, the majority of African-Americans were still...
by Henry Oliner | Sep 27, 2019 | Uncategorized
an excerpt from an excellent interview with George Will on Econtalk- Russ Roberts: So, that conflict isn’t the one I’m most worried about. The one I’m most worried about is the Wilsonians against the Madisonians. Or maybe there’s a third group...
by Henry Oliner | Sep 25, 2019 | Environmental, Politics, Progressivism
From National Review, Kevin Williams’ China’s Population Problem: Governments always operate in ignorance, and authoritarian governments suffer from this more than the governments of liberal societies. That is because in liberal societies, the spontaneous...
