The Atlanticist

Archives for Economy

Economic stagnation is a choice, a choice America and much of Europe, alas, are making. For twenty years the Heritage Foundation and Wall Street Journal have produced an Index of Economic Freedom ranking countries based on: adherence to the rule of law, limited government, regulatory efficiency and open markets. Economically-freer countries enjoy more robust growth… » read more

Posted by Eric Grover

France’s economy is stalled. Europe’s second largest economy had zero growth in the second quarter. With a sluggish economy the government reduced its 2011-growth forecast to an anemic but nonetheless still unlikely to be achieved 1.75%. Growth matters enormously. Growing the pie means life isn’t a zero-sum game. It improves people’s standard of living, and… » read more

Posted by Eric Grover

Europe and the U.S. continue to be mired in the economic doldrums. In the second quarter Europe’s GDP grew a paltry .2% over the prior quarter. Euroland’s economic locomotive Germany stalled at an anemic .1% growth. Across the pond the U.S. eked out .3% GDP growth. June U.S. and European unemployment rates were a stubbornly… » read more

Posted by Eric Grover

The world’s largest economy remains mired in the deepest recession since the Great Depression. The Bureau of Economic Analysis reported the US economy grew at an anemic 1.3% in the second-quarter growth and revised first-quarter growth downward to a paltry .4%. The American economic malaise is a drag on and danger to Europe and indeed… » read more

Posted by Eric Grover

Reining in the U.S. Fed

Congress created America’s current central bank the Federal Reserve System in 1913. As with all central banks its role ultimately is determined by the political process. The Fed is tasked with more than simply issuing and maintaining the value of the dollar: the world’s reserve currency. Under the 1978 the Humphrey-Hawkins Full Employment and Balanced… » read more

Posted by Eric Grover