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Publications

21

Mar'16

The Fearful Economy

One reason economic statistics are weak: Businesses are hoarding cash and stockpiling commodities. Can we blame them? Recent economic indicators …

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21

Mar'16

Over a Barrel

On Nov. 13, 2001, President Bush ordered the government to fill the Strategic Petroleum Reserve to its capacity of 700 …

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21

Mar'16

Take $10 off the Price of Oil

Oil prices have more than doubled since 2001, hitting $55 per barrel in mid-October. This price surge has produced a …

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21

Mar'16

Why China Won’t Revalue

In the wake of the Asian financial meltdown, experts predicted that China would devalue the renminbi. So did traders: Currency …

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21

Mar'16

Some Reflections on Monetary Institutions and Exchange-Rate Regimes

Chairman Allan Meltzer requested that I present an overview of my thoughts on exchange-rate regimes. I will do this as …

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21

Mar'16

Argentina’s Current Political-Economic Crisis

Mr. Chairman, thank you for this opportunity to express my views on the causes of and cures for Argentina’s current …

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