Under President Reagan, Congress reformed the income tax code and balanced pay-as-you-go Social Security despite deep partisan divisions. Yet by Reagan’s self-assessment, the Reagan Revolution was ...
This month will mark the 53rd anniversary of the radical move to a global monetary system of pure paper money. This system is governed by the changing theories of central banks, especially by the ...
The Green Party is issuing a cautionary statement regarding a proposal ostensibly to finance a just and sustainable transition. Three authors have proposed a financing scheme for a Green International ...
Forty years ago, on August 15, 1971, President Nixon took to the airwaves to declare that the U.S. Treasury would no longer redeem foreign demand for gold in exchange for dollars. Because the United ...
One of the cardinal rules among U.S. practitioners of fiscal and monetary policy is that Treasury officials do not discuss monetary policy and Federal Reserve authorities do not discuss exchange rates ...
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