economy

Commentary 

Maryland House Republican Caucus introduces legislative package to reduce crime, improve education and restore the state’s economy

House Republican Caucus

Maryland has some of the most restrictive gun laws in the United States, yet the number of murders and violent crimes committed with guns continues to grow every year, with the overwhelming majority of those committed with stolen guns. Astonishingly, the Maryland General Assembly has for years refused to make the theft of a firearm a felony. Again this year, the House Republican Caucus will offer the Gun Theft Felony Act (HB 750) and fight to close this absurd loophole in Maryland law.

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Commentary Missing the Point 

Missing the Point – The Fed ‘Committee’ we need to do something about

Les Cohen

Increasing interest rates is making matters worse and hurting the real families who, collectively, comprise the economy we’re always talking about.  What can we do about it?  Congress needs to modify the language of the Fed’s independent agency status and rescind the Fed’s authority to make economic policy outside of representative government.  Take the Fed out of business of fighting inflation. 

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Commentary Missing the Point 

The Chicken, the Price of Eggs and the Chairman of the Fed: Using Monetary Policy to Curb Inflation

Les Cohen

The prices of consumer products have gone up, some more so than others, because of issues in their respective submarkets.  In a world of microeconomics, national, indiscriminate, macroeconomic monetary policy is a gross instrument with limited power.  It’s the dumb bomb when what we need are precisely targeted policies capable of dealing delicately, but nonetheless effectively with highly variable, complex market relationships with minimum side effects.

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