By MATT TAIBBI FEBRUARY 16, 2011 9:00 AM ET Over drinks at a bar on a dreary, snowy night in Washington this past month, a former Senate investigator laughed as he polished off his beer. “Everything’s fucked up, and nobody goes to jail,” he said. “That’s your whole story right there. Hell, you don’t even have [...]

NEW YORK — The next big step in the gold standard debate is going to be taken next month at Washington, when one of the original members of the Reagan-era United States Gold Commission offers a five-step plan to return America to sound money. The architect of the plan, Lewis Lehrman, a businessman and scholar, [...]

Rising deficits and a global economic slowdown, coupled with a financial market meltdown, have put into question the effectiveness of policy, both fiscal and monetary. With Hayekians bashing Keynesians for excessive spending and demanding deep budget cuts, the Levy Forecasting Center’s head researcher explains how QE2’s failure to spark a “wealth effect” delivered its own [...]

By Stuart Watson What does it mean for you? Although the UK stock market has fallen in tandem with other markets, our own economic outlook hasn’t really changed that much. GDP growth for the first and second quarter was pretty anaemic, but it’s still heading in the right direction, albeit at a glacial pace. Let’s [...]