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Finance

What's the Matter with Greece?

So what exactly is the matter with Greece? Simply put, it was in the wrong place (Europe) at the wrong time (1999) when 11 countries with 11 different languages, governments, cultures and customs abandoned their domestic currencies and tied their collective fate to the euro.

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Greece: Don't Delay Required Reforms

Greece’s financial problems didn’t just come out of the blue, they are the cumulative impact of misguided economic policies:  fiscal profligacy, misallocations of national resources and growth-depressing labor and economic regulations.

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The Dangers of Data-Dependent Monetary Policy

There are some genuine risks to policies that place too much emphasis on each and every piece of incoming data, risks that Fed policymakers should recognize when following their data-driven approach.

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The Ex-Im Bank Must Go

If the GOP is to maintain its legitimacy as the party of the free market, it must not reauthorize Ex-Im. Conservatives should not sit by and watch while corporate welfare continues to skew the playing field against businesses without political influence. 

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The QE Trap

QE cannot solve the main problems of the eurozone.

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Better Times are Ahead for the Eurozone

The Eurozone’s own previous experience suggests strongly that policies directed at increasing the rate of money growth have had exactly those effects predicted by theory.

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In monetary policy, Washington is playing favorites and the young are the losers. They do not benefit from the decline in mortgage rates because they cannot afford home ownership. While some American homeowners and investors are currently benefiting from the Federal Reserve’s policies, it is the young who will inherit a poorer economy.

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Conservatives Are Wrong About NSA Spying

I am surprised that so many traditional conservatives are putting aside their normal defense of civil liberties and distrust of the government to support the NSA’s activities. Historically, each threat to our nation, including both World Wars and the Cold War, has been followed by an aggressive government response against perceived threats. In hindsight, we have regretted these overreactions.

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A Conservative Opportunity Agenda

There is an emerging consensus from both political parties that Washington needs to address economic opportunity in the form of public policy. Yet, conservative approaches to this country's fiscal issues are generally more effective.    

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IT Addicts Hold Key to Productivity Paradox

In an era defined by technological interface and digital effciency, economic researchers have once again struggled to understand why productivity growth is so slow. Our modern-day technologies presenting a doubled-edged sword for its users? 

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