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In past nuclear cooperation agreements, the US has required nations to commit to not enriching uranium and opening nuclear sites to inspections. The Obama administration has just done away with the requirement. Congress needs oversight to combat this possibility of nuclear proliferation.
In his latest Economic Outlook, AEI economist John Makin warns us of Three Dangerous Myths about Monetary Policy which, if acted upon, could disrupt world markets.
Generally, campaign press releases are unrelenting twaddle. But Romney put out a decent one today… better, frankly, than his not-too-dramatic op-ed in today’s WaPo. (Really, Mitt, shipbuilding will be job one in taking on Iran?)
Recent studies of the classical gold standard have revived interest in the process by which macroeconomic shocks were transmitted internationally during the pre-World War I period.
While it may be harmful and disingenuous to insist upon a single algorithm or best approach to practicing medicine, it could be helpful to at least provide clear guidance so that physicians would know to avoid certain therapeutic approaches.
As fears of another recession have mounted, so too have criticisms of the US Federal Reserve, including some irresponsible assertions that could endanger world markets if followed.
In the past couple of weeks, people who care about American politics and about Congress have lost two important figures: Harry McPherson and James Q. Wilson.
The current economic environment of low—virtually zero—interest rates has hit savers hard, but abruptly raising interest rates could harm economic growth and the housing market. Until the economy stabilizes and the Fed begins raising interest rates again, savers have few options: they can adjust their lifestyles, dip into their savings, or take on riskier investments such as gold and stocks.








