All Commentary
Wednesday, November 10, 2010

Obama Tells G-20 to Rely Less on American Consumption


“President Obama, marking the start of a summit meeting that has already tested the limits of international cooperation, implored other world leaders Wednesday to shift global economic demand away from its historic reliance on American consumption and borrowing.” (New York Times)

Promoting intervention abroad instead of curbing it here.

FEE Timely Classic
“Monetary-Policy Disasters of the Twentieth Century” by Kirby R. Cundiff