Tom Duncan

“Easy Money: Prelude to Recession” – Freeman

“Why is the American economy plagued by recessions? The simplest way to answer this question is to focus our attention on individuals. Once we know why individual businessmen experience economic […]

“Fed and Inflation” – Ron Paul

“Last week, the subcommittee which I chair held a hearing on monetary policy and rising prices. Whether we consider food, gasoline, or clothing, the cost of living is increasing significantly. […]

“Basic, But Not Simple” – FEE

“Economic theory has an amazing ability to explain the world around us. It explains human behavior of all sorts, from the mundane to the deadly serious, from the trivial day-to-day […]

“AIG, Fed, in Sub-Prime Bond Standoff” – WSJ

“American International Group Inc. is trying to force the hand of the Federal Reserve on a large portfolio of subprime-mortgage bonds it wants to repurchase, putting the central bank in […]