Editorials
There is a series of editorials authored by the president of Economatrix Research Associates, Dr. Patrick Gaughan. Please, use the links to view detailed information about an editorial of your interest.
Is Chairman Powell Qualified for the Job of Fed Chair?
The position of chairman of the Federal Reserve is the most important central banking/monetary policy position in the world. One would think that the holder of this job would be an economist and would have extensive graduate training in the field of monetary economics. While that is logical, that is not the case in the United States. It is, however, for the Bank of England, Bank of Japan, Bank of Canada, Reserve Bank of Australia, well as the Peoples Bank of China and other central banks.
Should Corporations Flush With Cash Use It for M&A – Track Record Raises Questions About This Strategy
As the US economy plods through the “Great Recession”, corporations are recording solid profits in the face of weak revenues. These profit gains have been achieved thorough efficiency improvements which all too often have meant fewer jobs. The ironic result is that in this weak economy many…
Why Do We Keep Asking Greenspan What He Thinks We Should Do About the Economy?
The continual attempts of former Fed Chairman Alan Greenspan to be a public advisor on the economy to all who care to listen is surprising in light of his horrendous track record. For example, just last week he told us in no uncertain terms that we need to let the Bush tax cuts expire. However…