Uncertainty can undermine the best intensions of economic policy-makers. This notion arises in a recent opinion piece in The Wall Street Journal by businessman Charles R Schwab (yes, THE Charles Schwab).  Schwab commented on the Federal Reserve policy of holding interest rates low and near zero.  By using this strategy, he argues, the Fed prevents [...]

Thursday evening Sept 30th under auspices of Pinnacle Financial Partners (a Middle Tennessee bank), Cumberland University hosted a speech by economist Arthur Laffer.  Laffer is best known as an economist who helped shape economic policy of the Ronald Reagan administration (1980-1988). Laffer is a conservative and his remarks dealt as much with politics as with [...]