As the memory of President Ronald Reagan’s administration recedes, estimation of his deeds grows, and for good reason. A cursory look at his end-of-office stats impresses the casual observer — 67% increase in GDP, from $3 trillion in 1981 to $5 trillion in 1988, net job addition of about 18 million, reduction in the unemployment […]
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Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away December 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial.
Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial. “He restored credibility to the Federal Reserve at […]
Here are the Top 10 all-time articles at FauxCapitalist.com by the end of 2015: 1) Dr. Stan Monteith, a 35-year orthopedic surgeon on Jeff Bauman’s leg amputations: “I believe that this young man was an actor” (2013) 2) I’m blowing the whistle on World Bank whistleblower Karen Hudes (2014) 3) Australia has $15 an hour […]
Last week, in Part 1 of the Global Power Project’s investigations into the machinery behind the International Monetary Conference, I examined the history and evolution of the IMC from its founding by the American Bankers Association in 1954 to the global financial and monetary disruptions of the late 1970s.
Here are the all-time top 10 articles at FauxCapitalist.com by the end of 2013: 1) May 10, 2013: Dr. Stan Monteith, a 35-year orthopedic surgeon on Jeff Bauman’s leg amputations: “I believe that this young man was an actor” 2) June 30, 2010: Australia has $15 an hour minimum wage and is ranked more economically […]
