The danger of seeing the stock market as a measure of political performance is that the government will be tempted to intervene.
Tags: Dow Jones, inflation market corrections, interest rate manipulation, stock market, Wall Street
The danger of seeing the stock market as a measure of political performance is that the government will be tempted to intervene.
Tags: Dow Jones, inflation market corrections, interest rate manipulation, stock market, Wall Street
As the markets and pundits react to Donald Trump’s enormous upset victory, let me offer my own reactions. As an economist, I will focus on matters pertaining to economic policy. The Danger of Hubris and Denial. Everybody recognizes that the “experts” and polls were totally wrong. Indeed, I was listening to NPR around 6...
Read More »
Tags: 2016 election, Affordable Care Act, Civil Liberties, Donald Trump, Federal Reserve, gold stanard, hard money, Immigration, protectionism, stock market