Volcker and the Great Inflation: Reflections for 2022
The celebrated Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The...
No Deal with Iran Is Better than a Bad Deal
A new nuclear deal with Iran appears close to being reached in Vienna. For the past 18 months, talks have...
Can Central Banks Maintain Their Autonomy?
Over the last three decades, the Fed and its counterparts have enjoyed wide latitude in trying to control inflation. Recent...
“Reclaim America from Constitutionalism”: Law Professors Now Call to “Pack the States” Rather than “Pack the Court”
Below is my column on the increasing condemnations of “constitutionalism” as the root of our problems as a nation. The...
Brave Citizens vs. SEC Overreach
Because our elected branches of government can’t always be trusted to zealously keep one another in check, litigation by individual...
Does the United States Have More Financial Regulators than Other Countries?
The United States is second to none in terms of creating the most financial regulatory agencies. Between the Federal Reserve...
The Progressive Left and the Push to Reset the Federal Reserve’s Legal Mandates
It has not been a good year for the Federal Reserve. The Fed has had a terrible record when it...
The Collision of Administrative Law and Civil Liberties
A month ago, I was speaking with an associate at a DC law firm. I told him that I work...
