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Caroline Baum, Bloomberg I’ve been thinking a lot about monetary policy recently: not so much the question of will they or won’t they — they being Federal Reserve policy makers — provide additional stimulus. Rather, I’ve been wondering how it is that monetary policy stopped being about the quantity of money and started being about something else: financial conditions, credit allocation, long-term interest rates, expectations, investor preferences, the maturity of the Fed’s portfolio and relief for specific sectors of the economy (housing). I’ve also been wondering whether this is a good or a bad thing. Read More
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.