This textbook introduces economic explanations for the organization of the financial system and the interconnection between the financial system and the economy.

At the beginning of June, Rodrigo Rato assumes the helm of the International Monetary Fund as its new managing director. He does so at a time when major global economic imbalances are contributing to exchange rate instability and when higher global interest rates could pose difficulties for the larger emerging...

We need fewer regulators, not more.

AEI presents "Economy Watch"--an essential up-to-the-minute briefing on the current economic policy debate and the state of the economy, bringing together AEI’s team of economists, analysts, and special guests.

Participants in this breakfast event include R. Glenn Hubbard, former chairman of the President’s Council of Economic...

A commitment to low but positive inflation by the Bank of Japanwould enhance the cyclical recovery under way in Japan and improve the chance of better long-term growth prospects.

The expansion of the Fed's lending has been extraordinary in scale and scope, but it is not the best response to the present credit crunch.

The Federal Reserve, wisely insulated from the political process, has provided the greatest and most competent leadership in reducing taxes on investment.

Reflectingon the economy's performance and its productivity muse--and on concerns about the economic outlook.