Dec 12, 2014
In recent testimony before the House Committee on Oversight and Government Reform, Jonathan Gruber, an economist at MIT, offered an apology to the American people for his "thoughtless," "insulting" and "disparaging" comments toward them in describing his work with the Affordable Care Act.
Dec 5, 2014
President Obama lost sight of our national priorities. As a result, Americans continue to suffer.
Nov 21, 2014
Republicans and Democrats are on board to reform the Fed. Now is the time. If they are not up to the job, perhaps a third-party presidential candidate is a viable option in 2016.
Nov 14, 2014
New York Times columnist Paul Krugman made some striking comments during a recent event held at the City University of New York Graduate Center in Manhattan, where he is a distinguished scholar at the Luxembourg Income Study Center.
Nov 7, 2014
In recent years, and perhaps the past few decades, the federal regulators have essentially been regulated by the very banks they are supposed to regulate. The strong Republican victories in Congress this week aim to reverse this debilitating trend.
Oct 31, 2014
Back in the day, mortgage lenders were very careful in making loans, since they bore the entire risk of default.
Oct 24, 2014
Following the inception of the 2008 recession, I believed our economic recovery would probably take a decade or more. I still believe this.
Oct 17, 2014
Jean Tirole, the 2014 recipient of the Nobel Prize in Economic Sciences, believes the financial industry is not properly regulated.