In his first term as president, Barack Obama extended the reduction in the top rate of the income tax to 35 percent through 2012, two years past the 2010 expiration date that his predecessor, ...

Thank you, Madame Ambassador, for the introduction and the opportunity to speak today. My topic is the implications of deregulation for monetary policy, an appropriate one for this setting.1 Greece's ...

Since 2009, the Federal Reserve has managed monetary policy by controlling the quantity of securities it buys outright. The Fed implemented three rounds of quantitative easing, significantly ...

With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...

Many influential figures claim that supply-side improvements explain easing price pressures. Even if we eventually experience sustained deflation, the arithmetic of the supply-side account just ...