Kotok Quick Take: Gold, Electrical Power, and Possibility
I offer a few quick notes on the rising price of gold and the possibility that its high price can help rebuild US infrastructure.
The Fed: Rules and a Stable Nominal Anchor
We are pleased to publish this guest commentary about the Federal Reserve and the discussion currently underway about proposed changes concerning the Fed. Its author, Robert Hetzel, served as a senior economist at the Federal Reserve Bank of Richmond and is now retired. We thank Bob Hetzel for sharing his thoughts with our readers. “Rules […]
Ben Franklin Is Rolling Over in His Grave
I weigh in on the Trump administration’s appalling, disruptive, and shameful attempt at intervention in the affairs of a private university (UPenn).
The Lisa Cook Affair: An Extraordinary Amicus Brief
The amicus brief filed with SCOTUS on behalf of Lisa Cook and focused on Fed independence, is historically unique and vitally important. The list of “amici” warrants reading.
Government Shutdown
If a shutdown results from this political impasse, who benefits? Who suffers? Let’s talk.
My Chat with Martin Mezei: Life and Business Lessons
For a pace change this Sunday, we offer a podcast interview I did with Martin Mezei on life and business lessons and our new book.
H-1B Visa Fees – A Thoughtful Approach
Today we point to Mike Green’s valuable follow-up discussion of the $100,000 visa fee.
The Hyundai Affair – Part 2
We follow up last Sunday’s missive with more evidence that Trump’s inept subordinates and policy moves are undermining his agenda.
The Fed and Bill Pulte
Chris Whalen’s revelation that Bill Pulte canceled his scheduled speech to mortgage bankers in Washington triggers this quick note.
The Hyundai Affair
We size up the “blast radius” of the Georgia ICE raid shock to Korean investment in US manufacturing, with more than twenty projects paused.