Sweat the Small Stuff
Lessons learned from a summer working at the White House National Economic Council
On the Newsstand:Federal Reserve
The Bank Bailout in Perspective
Was the despised but ultimately profitable TARP program a success?
Politics and Baseball: Part 4 of My Internship Adventures
Naji Filali continues his series of posts on his internship with Senator Rand Paul.
Interview with Austrian Economist Mark Thornton
The housing bubble, gold jewelry, and a Keynes versus Hayek rap battle
The Problem with Bankers’ Pay
Exorbitant compensation threatens the stability of the banking system
Risky Business
The problem of too-big-to-fail “Greed is good,” said Gordon Gekko in the iconic 1987 film Wall Street. Yet while such attitudes may have contributed to economic growth in some sectors, now national and international economies are experiencing a recessionary hangover. The causes of the worst financial crisis since the Depression are many and it is likely that we will debate ... Read More
A Fatter or Skinnier Fed?
Below is a piece on financial regulation from HPR alum Rahul Prabhakar ’09. Rahul is now a Fellow at the Glover Park Group in Washington D.C. ——————————————————————————————————————- Over the past month, the U.S. Congress has held a series of hearings to debate the Obama Administration’s proposal to overhaul the American financial regulatory structure. The fates of the SEC, CFTC, and ... Read More
Crisis in International Finance
Is a new international financial regulatory system necessary? The federal takeover of U.S. mortgage-lending giants Fannie Mae and Freddy Mac in the wake of the sub-prime mortgage crisis stunned the country and sent shockwaves through the international financial system, exposing risky lending and burgeoning trade deficits in countries around the world. Today, the international financial system is reeling from the ... Read More
Rescuing Finance
Does the federal government have too free a hand? In 1792, the United States faced a financial crisis as the price of government bonds plummeted nearly 25% in a two-week span. Treasury Secretary Alexander Hamilton acted quickly, buying hundreds of thousands of dollars of government bonds and asking banks to accept bonds as collateral for their loans. As a result ... Read More
