I recently listened to a podcast and part of the conversation included banking, money and credit. The host of the show was elaborating on how banks create money through the use of the "Money ...

The Wall Street Journal’s Anna Hirtenstein reported last week that U.S. companies “are sitting on a record amount of cash.” According to the Journal reporter, the number is $6.84 trillion. To ...

Warren Buffett’s Berkshire Hathaway reported earnings last weekend, including a 40 percent increase in operating earnings. Wise minds can and will debate the good or bad of the report. What makes a ...

There seems to be a lot of debate in the blogosphere about how to evaluate whether monetary policy is too tight. Specifically, Arnold Kling notes: According to Sumner, we know that the Fed tightened ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...

Learn how changes in fiscal policy, like government spending or tax rates, can multiply economic growth by increasing GDP and triggering consumer spending.

Money Multiplier #3 with Joe Bravo riding won the $200,000 Grade II Monmouth Stakes at Monmouth Park in Oceanport, New Jersey on Saturday May 26, 2018. Ryan Denver/EQUI-PHOTO Money Multiplier with Joe ...