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Robert Fry
Why Does The Fed Hate People Like My Parents?
My late parents, a dairy farmer and a high-school librarian, were children of the Great Depression, born in 1932 and 1934. They were...
Robert Fry Economics LLC
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Robert Fry
The Fed Should Say No to Forward Guidance
At his June 10 press conference, Federal Reserve Chairman Jerome Powell said, “We’re not thinking about raising rates. We’re not even...
Robert Fry
Forget Fiscal Stimulus: Evaluating Infrastructure Spending on its Own Merits
I have never been a big advocate of using fiscal policy to stimulate the economy in the short run. It doesn't work quickly enough when...