Real information and actual facts

This is how newspapers are supposed to work when they’re doing their job. First, a reporter does his job, taking a look at the economic reality facing the paper’s readers and the actual effects that proposed government policies will have on that reality. Michael Symons’ article “As poverty rises in NJ, cuts target aid” did [Read More...]

The three-step test for inflation

David Leonhardt writes about the irrational inflation fears of the Federal Reserve and the enormous human toll of policies driven by such fears. The New York Times headlined his piece “As Economy Sputters, a Timid Fed,” but it may as well have been titled, “Why Do Federal Reserve Officials Hate Working People?” The recovery looks [Read More...]