Monthly Archives: March 2017

It’s Time to Pass the Financial Institutions Bankruptcy Act

Today the House Judiciary Subcommittee lead by Tom Marino held a hearing on the Financial Institution Bankruptcy Act (FIBA) which lays out in clear legislative language the “Chapter 14 type” reform proposals that Stanford’s Hoover Resolution Project have been working … Continue reading

Posted in Financial Crisis, Regulatory Policy | Leave a comment

A New Hearing and, Possibly, a New Phase in Monetary Policy

Today’s hearing of the House Monetary Policy subcommittee—the first of the new Congress with the new chair Andy Barr from Kentucky—provided a good opportunity to discuss policy in light of new and different decisions by the Fed, new and different … Continue reading

Posted in Monetary Policy | Leave a comment

Milton Friedman on Freedom: A New Book

Milton Friedman on Freedom is a delightful new book of Friedman’s best works on freedom compiled and edited by Robert Leeson and Charles Palm.  It is a delight to have these writings in one lean volume, and the book also … Continue reading

Posted in Teaching Economics | Leave a comment

Economic Policy Explains Growth Conundrum

“Growth Conundrum” sets the theme for the many fascinating articles in the latest issue of the IMF’s quarterly magazine Finance and Development which includes an opening essay by Nicholas Crafts and a profile of Kristin Forbes. I was asked to write … Continue reading

Posted in Regulatory Policy, Slow Recovery | Leave a comment