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Greenspan on the Interest Rate Mystery

…economic and financial world is changing in ways that we still do not fully comprehend. Policymakers accordingly cannot always count on an ability to anticipate potentially adverse developments sufficiently in…

Aschroft Blasts Judges for Doing Their Job

…“second guessing” the Bush administration’s decisions on handling prisoners captured in the war against terrorism. Without referring to specific adverse rulings on the treatment of detainees or enemy combatants, Ashcroft…

Economists for a higher minimum wage

…improve the well-being of low-wage workers and would not have the adverse effects that critics have claimed. In particular, we share the view the Council of Economic Advisers expressed in…

Reverse Rubinomics

…from one that emphasizes private capital formation to one that emphasizes consumption…From that perspective, it may have an adverse effect in the short run on business expectations and private investment…

…a string of adverse shocks. But in the process of returning the stance of policy to a more neutral setting, at least some of the capital gains on debt instruments…

…same period. IMF economists said much of the adverse impact would occur because of increased borrowing demands in the United States to finance the budget deficit. This would drive up…

…straight year of adverse changes in both poverty and income, the first two-year downturn since the early 1990’s. Things are tough all over right now, but toughest in manufacturing-intensive areas…