Fed Policy Needs a U-Turn

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Brent Budowsky: America needs new thinking for monetary and fiscal policy. Fed policy has failed. Government policy is inadequate. Ron Paul has advanced an important debate.

A Hundred Years of War

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Joseph Palermo: The invasion of Iraq was the greatest terrorist recruitment program ever. It destabilized one of the most important big cities in the Arab world. It fueled pan-Arab nationalism as well as jihad against the West. It caused a sectarian bloodbath because of the jolt given to power relations by external military force.

Is Economic Growth a Delusion?

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Unemployment reached 8.5% in March of this year, but add in the once full-time, now part-time laborers, it may be as high as 15%. Yet my fellow rail commuters somewhere between New Haven and Grand Central Terminal think they smell recovery. As one salesman put it to me, “things will come back–even better than they […]