Hunter Lewis

Latest News

Is Keynes Misunderstood, Maligned by Critics?

In a September 11 Bloomberg article, economist Noah Smith claims that John Maynard Keynes, the architect of today’s government economic policies around the world, wasn’t a “socialist" or even a “progressive.“ He did not favor “a command economy.” Sep 15, 2014 6:09 PM PT

Did the Government Cover Up an Autism/Vaccine Connection?

For years, parents of autistic children have claimed a link between their children’s condition and vaccines. One vaccine in particular has been mentioned: the MMR (Mumps, Measles, and Rubella), which has a record of side effects, some severe. Sep 5, 2014 10:42 AM PT

Bloomberg Economist Likes Fed's Rock Bottom Interest Rates

In a recent Bloomberg Views piece, mainstream economist Noah Smith accused his critics of having “brain worms” and even “anti-semitic overtones.” He then mischaracterized what these critics, usually referred to as Austrian economists, were saying so that he could ridicule it. Jul 16, 2014 10:33 AM PT

Negative Interest on Private Bank Accounts Coming to the US?

We just reported about how the European Central Bank has instituted negative interest rates for member banks. This could soon spread to the US and also to consumer accounts. If so, you would find money taken out of your bank account each quarter unless you spend it. Jun 7, 2014 10:37 AM PT

European Central Bank Adopts Negative Interest Rates

Look for this to spread. For now the negative interest rate of -0.1% will only apply to bank reserves held at the central bank. The stated objective is to persuade the banks to reduce their reserves by lending more. Jun 6, 2014 7:17 AM PT

Rand Paul Threatens to Hold Up Fed Board Nominees

Senator Rand Paul (R-KY) has sent a letter to Senate Majority Leader Harry Reid (D-NV) threatening to put a hold on three Federal Reserve board nominees if his proposed Federal Reserve Transparency Act is not brought to a vote with the nominations. May 14, 2014 8:19 AM PT

U.S. Still in a Depression

Does an official 6.3% unemployment rate mean that the economy has finally recovered? No. Whether you call it the Great Recession or the depression it really is, the recovery that supposedly started in June 2009 has not been much of a recovery. May 6, 2014 10:22 AM PT

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