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  • March 2, 2018
    Blog
    FLOORED!
    … on these pages, you know that my favorite hobby‐​horse for several years now has been the Federal Reserve’s policy of paying interest on (banks’) excess reserves (IOER) at an above‐​market rate. By adopting that policy in October …
    By George Selgin
  • March 1, 2018
    Reuters
    What the U.S. Should Do about Putin’s Nuclear Threats
    … a blow to global nonproliferation efforts. So how should Washington respond to Putin’s aggressive rhetoric? First and foremost, American policymakers shouldn’t overreact — particularly before more information is available to craft informed decisions. Even with Russia’s new rocket …
    By Caroline Dorminey
  • March 1, 2018
    Forbes.com
    Trump’s National Security Protectionism Will Open Pandora’s Box
    Once Trump opens Pandora’s Box by rationalizing protectionism as a national security imperative, the durability of the rules based trading system will be tested like never before, with global economic security hanging in the balance.
    By Daniel J. Ikenson
  • March 1, 2018
    American Spectator (Online)
    The Pink Emperor Takes Charge in China
    … prosecuting “Tigers,” top leaders who had preceded him. He quickly gained authority over the military and asserted control over economic policy, traditionally left to the premier. At last fall’s party congress he failed to nominate a successor, a clear …
    By Doug Bandow
  • February 28, 2018
    Forbes.com
    The Punjab National Bank Is Going into Port
    The PNB is now at the center of India’s biggest bank fraud on record. At present, the fraud’s tally is approaching $2 billion.
    By Steve H. Hanke
  • February 27, 2018
    Blog
    Keeping Russia’s Electoral Misdeeds in Perspective
    Even if all of the allegations made to date ultimately prove to be accurate (and that is far from certain), those misdeeds fall far short of constituting an act of war.  Introducing hysteria into the discussion serves no useful purpose.
    By Ted Galen Carpenter
  • February 26, 2018
    CNN.com
    Why Trump’s Plan Won’t Fix Crumbling Infrastructure
    Although the Trump plan would allow states to spend their share of new infrastructure funds on maintenance, it leaves the decision in the hands of local politicians. They will almost always go for the glitz rather than the routine.
    By Randal O’Toole
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