Why Is the Fed Still Raising Interest Rates?
sees three reasons for continuing to tighten monetary policy, despite slowing economic growth.
Martin Feldstein
Martin Feldstein, Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research, chaired President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984. In 2006, he was appointed to President Bush's Foreign Intelligence Advisory Board, and, in 2009, was appointed to President Obama's Economic Recovery Advisory Board. Currently, he is on the board of directors of the Council on Foreign Relations, the Trilateral Commission, and the Group of 30, a non-profit, international body that seeks greater understanding of global economic issues.
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How to Save Social Security Systems
advocates a mixed system of fixed, tax-based benefits and variable, market-based returns.
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Falling Share Prices and the Outlook for the US Economy
explains why the decline in household wealth implied by a more normal price-earnings ratio will mean recession.
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The China Tariff Mess
argues that the Trump administration should state clearly what the goal of its trade policy is.
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What Next for the US Stock Market?
expects three factors to drive up long-term interest rates and cause equity prices to fall.
