Hunter Lewis

Latest News

7 Crazy Ideas Janet Yellen Did Not Mention, but Waiting in the Wings

In her speech at the New York Economic Club on Wednesday, Janet Yellen said it is “quite plausible” the economy will reach full employment in a couple years with just the right amount of inflation, which to her mind means two percent a year. Apr 17, 2014 1:31 PM PT

Inside The Fed--What Janet Yellen Won't Tell You

What is Janet Yellen, new Fed chairman, really worried about? Is it that reported unemployment will stay high, that the economic recovery will never get off the ground, that we will fall back into recession, or that consumer prices will fall, thereby further endangering the huge debts that already zombify the economy? Apr 14, 2014 11:50 AM PT

More High-Stakes Appointments to the Federal Reserve

The Obama administration has repeatedly complained about Republican blocking tactics in the Senate. In this context, it is worth remembering that the Democrats blocked President Bush’s last three nominees to the Federal Reserve Board. The Democrats calculated that a member of their party might win the White House in 2008, and why not wait in the hopes that a Democrat could shape the Federal Reserve for a generation to come? Mar 14, 2014 1:23 PM PT

Will Washington Take Down Apple—And Why?

The US Department of Justice has not only successfully sued Apple for arguably non-existent anti-trust violations in the e-book market. It has even demanded – and gotten – a court-appointed “monitor” placed inside the company to supervise the company’s pricing decisions. Feb 26, 2014 10:25 PM PT

Obama Doubles Down on Destroying the Economy

Is President Obama really this ignorant of business and economics? Telling American employers to raise their wages sounds innocent enough, but it ceases to be innocent when people lose their jobs as a result. Feb 1, 2014 2:51 PM PT

The Fed's 100th Anniversary, Part 2: Does Janet Yellen Know What She Is Doing?

Janet Yellen, Ben Bernanke’s successor as Fed chairman, has asked and answered two important questions: “Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Do policy makers have the knowledge and ability to improve macroeconomic outcomes rather than make things worse? Yes.” Jan 2, 2014 10:59 AM PT

The Fed's 100th Anniversary--Part 1: Does The Fed Know What It Is Doing?

Popular former New York mayor Ed Koch used to walk the streets of the city ebulliently asking passers by: How’m I doin? Although the Fed has never asked this question about itself, the 100th anniversary of the Federal Reserve Act (Dec 23, 2013) would seem an appropriate time to ask it for them. Dec 20, 2013 3:45 PM PT

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