Ben Bernanke explains how Federal Reserve actions have assisted in positives for the U.S. especially in comparison to the world market with regard to unemployment and economic output and discusses Federal Reserve controls regarding Monetary Policy and Inflation.
How the Fed saved the economy
By: Ben S. Bernanke – Distinguished Fellow in Residence (Economic Studies): Brookings Institution
Amid concerns of China selling off U.S. Treasury Bonds some may have lost sight that China is attempting to soften depreciation of its own currency.
Why China is selling our treasury bonds
Article by Andy Uhler – General Assignment Reporter
This article has a snapshot of the rates at which the economy grows and shrinks depending on how earnings are distributed.
The ‘trickle down theory’ is dead wrong
by Alanna Petroff
Senior Business reporter: CNN’s London bureau
A quick article about Ben Bernanke and his memoir, The Courage to Act, featuring excerpts about his frustration with the Republican Party in his dealings as Chair of the Federal Reserve.
Ben Bernanke Is Fed Up
by Chad Stone via US News and World Report
Chief Economist at the Center on Budget and Policy Priorities
A concise critique on Joris Luyendijk, previous writer for the Guardian, and his article Don’t let the Nobel prize fool you. Economics is not a science. The critique focuses on particular sections of the Luyendijk’s article and challenges him to bring more than just editorial perspective. What I enjoy about this article is that it appears Smith successfully brings more in the challenge and with seemingly less effort than Luyendijk. The article is from his blog Noahpinion.
Lazy econ critiques
by Noah Smith
Short article on Nobel prize winners 2015 with initial focus on Angus Deaton, economic sciences, and “his analysis of consumption, poverty, and welfare.”
Britain’s Angus Deaton wins Nobel economics prize
by Staff at The Canadian Press
With Extreme-Poverty, living on less than $1.90 per day, on the decline this article looks briefly at the need to analyze Global Economics with regard to the Trans-Pacific Partnership, India, China, South America, and sub-Saharan Africa. Also noted is Moderate-Poverty, living on less than $4.00 per day.
The Good (and Bad) News About Poverty and Global Trade
by John Cassidy
Staff Writer at the New Yorker
This article lists reading material and enrollment for courses during this period: 1939-1949. This is an excellent resource for nostalgia and a comprehensive list of economic reads.
Economics in the Rear-View Mirror
by Irwin Collier
WordPress contributor Bob Reuschlein in his article: Peace Economics, Only Way provides a well described complex analysis of military spending for war time and peace time. He finds Juglar cycles and links to a power point slide “Psychology of Empire.”
For a dissertation abstract of his work, link to ISBN: 9781109483468.
A recent article about Arthur Laffer explores the libertarian economics view. The article describes flaws of theory versus reality with regard to earnings and decisions by the wealthy.
Article: Saint of libertarian economics: Arthur Laffer
By Lion of the Blogosphere
In addition a link to a brief history of the Economist Arthur Laffer by The Laffer Center