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Judy Shelton is a Disastrous Choice for the Federal Reserve

Last summer, President Trump announced that he would nominate Judy Shelton, a conservative economist, to serve on the Board of Governors of the Federal Reserve. The Senate took little action towards confirming her until this month, when the Senate Banking Committee held
February 27, 2020

In Defense of Economics

“Economics is astrology for guys named Chip.” I am by no means an avid follower of the campus meme page, but I happened to catch this economics joke a few weeks ago while scrolling through my Facebook feed. Unlike most things on
November 14, 2019

Wilcox Lecturer Shares Merits of Social Democracy

Last Tuesday, students and faculty filled Sci 101 for the Department of Economics’s Wilcox lecture. The Wilcox lecture series is named for Professor Clair Wilcox, who taught at Swarthmore in the 1920s through 60s, was the Economics department chair for many decades,
October 31, 2019

Trump’s Nominees Will Undermine the Fed

Donald Trump recently announced his intention to fill the two open spots on the Federal Reserve’s Board of Governors by nominating Herman Cain and Stephan Moore. Both have no monetary policy experience and are grossly unqualified for the job, but there’s something
April 18, 2019

Modern Monetary Theory Isn’t a Panacea

Modern monetary theory, which holds that the government can massively increase spending without worrying much about the deficit, has recently been thrust into policy debates by progressive members of Congress. Some members have advocated for MMT to shape how Congress thinks about
February 21, 2019
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Last Week in Markets: 10-Year Hits 3%

Editor’s note: This article was initially published in The Daily Gazette, Swarthmore’s online, daily newspaper founded in Fall 1996. As of Fall 2018, the DG has merged with The Phoenix. See the about page to read more about the DG. Last week’s
April 30, 2018
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