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The Marketplace of Ideas

Here’s what’s going on in the online world of economics. If you’re heading to Brazil anytime soon, be prepared to shell out big bucks for a Caipirinha–and everything else. Prices there are on the rise...

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Why Bernanke Thinks Millennials Aren’t Doomed

When I heard that Ben Bernanke was giving a commencement speech at Simon’s Rock this Saturday, I had a hard time imagining exactly how an inspirational, youth-friendly Federal Reserve speech would go...

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The Fed’s Zero Interest Rate Policy in Perspective

Many people are increasingly frustrated by the Federal Reserve’s zero interest rate policy because of its harmful effects on middle-class savers. It’s not clear how much it’s helping the economy and it...

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Fed to the Rescue?

Ben Bernanke was center-stage at his last FOMC meeting as chairman this week. The Fed was widely expected to continue to taper its large-scale asset purchase program, and it did—reducing its monthly...

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