In a NBER working paper, Martin Feldstein argues that the Euro “should now be recognized as an experiment that has led to the sovereign debt crisis in several countries, the fragile condition of major European banks, the high levels of unemployment, and the large trade deficits that now exist in most Eurozone countries.” The…
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Call it a Christmas miracle, if you will, but the U.S. Congress has managed to end one of the most egregious wastes of taxpayer dollars by doing what it really does best: nothing! Cars in Depth’s Ronnie Schreiber has the story: Lost in the hustle and bustle of the holiday season, Congress has quietly…
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