Top of the Ninth
Gary Stern, president of the Federal Reserve Bank of Minneapolis, discusses the appropriate role of the Fed in the shift from paper checks to electronic payments.
- Railroad Redux
When he challenged historical orthodoxy nearly 40 years ago, the Nobel Prize-winning economist Robert W. Fogel changed the way we look at railroads' impact on the U.S. economy; now, two Minneapolis Fed economists re-examine Fogel's work and find that railroads' contribution may be much greater than Fogel concluded.
- Assessing the Euro Three Years After Its Launch
Noted economist Anna Schwartz shares her skepticism on the success of a united European currency.
- Cost v. Benefit: Clearing the Air?
This year's historic Supreme Court case pit industry against environmentalists, but the role of economics in regulatory policy was (and still is) on trial
- Why Costs Should Count
- Anti-dumping: The Free-Trade Antacid
The use of anti-dumping and countervailing duties has increased around the globe, born from protectionist tendencies most countries have toward their home industries.
- The European Central Bank