http://www.heritage.org/research/ The Heritage Foundation Papers: Economy Fri, 20 Nov 2009 19:10:03 EST http://www.heritage.org/ui/icons/thflogo.gif http://www.heritage.org/ en-us heritage.org Copyright 2009 The Heritage Foundation Increasing transparency at the Federal Reserve is critical given the breadth of the Fed’s recent activities, but many of these activities involve private parties. Congress should consider that private firms will be disinclined to deal with the Fed if they lack adequate assurances that confidential information will remain confidential. Tasking the GAO to perform a comprehensive audit of the Fed would create new dangers, as the GAO, being a creature of Congress, could not provide the necessary assurances. It could also ultimately diminish the independence of the Fed and therefore degrade the Fed’s ability to fight inflation. A better approach is to rely on the Fed's Office of Inspector General to carry out the audit and to create a new entity in Congress to receive any confidential information associated with the audit. http://www.heritage.org/Research/Economy/bg2342.cfm The Heritage Foundation - J.D. Foster, Ph.D. Economy Fri, 20 Nov 2009 15:09:16 EST http://www.heritage.org/Research/Economy/bg2342.cfm Congress should repeal the estate tax once and for all to remove an unfair burden from the backs of American family-owned businesses and their workers. http://www.heritage.org/Research/Taxes/wm2703.cfm The Heritage Foundation - Curtis S. Dubay Economy Thu, 19 Nov 2009 14:11:30 EST http://www.heritage.org/Research/Taxes/wm2703.cfm Even using the EPA results shows that the cost of cap-and-trade legislation would be $2,872 per year in 2050. Those are some very expensive postage stamps. http://www.heritage.org/Research/EnergyandEnvironment/wm2705.cfm The Heritage Foundation - David W. Kreutzer, Ph.D. Economy Thu, 19 Nov 2009 15:54:26 EST http://www.heritage.org/Research/EnergyandEnvironment/wm2705.cfm Policymakers should do what their voters want them to do: They should repeal the death tax and kill it, once and forever. http://www.heritage.org/Research/Taxes/wm2688.cfm The Heritage Foundation - William W. Beach Economy Mon, 09 Nov 2009 11:11:45 EST http://www.heritage.org/Research/Taxes/wm2688.cfm As job losses mount, the monthly jobs report continues to demonstrate both the failure of the stimulus bill and the hollowness of the Administration's claim that it created or saved 640,000 jobs. http://www.heritage.org/Research/Economy/wm2685.cfm The Heritage Foundation - Rea S. Hederman, Jr., and James Sherk Economy Fri, 06 Nov 2009 13:40:06 EST http://www.heritage.org/Research/Economy/wm2685.cfm Replacing the expiring tax credit with a new one for which most members of America's financial elite would be eligible is a costly and unnecessary scheme. http://www.heritage.org/Research/Economy/wm2680.cfm The Heritage Foundation - Ronald D. Utt Ph.D. Economy Wed, 04 Nov 2009 14:47:11 EST http://www.heritage.org/Research/Economy/wm2680.cfm Health care reform as currently constructed will either weaken the economy or balloon the deficit while it weakens the economy. http://www.heritage.org/Research/HealthCare/wm2674.cfm The Heritage Foundation - J. D. Foster, Ph.D. Economy Mon, 02 Nov 2009 09:06:56 EST http://www.heritage.org/Research/HealthCare/wm2674.cfm The Great Global Contagion and Recession was largely the result of a sustained global savings glut combined with excessive monetary accommodation by the Federal Reserve and other central banks. These two complementary and reinforcing forces artificially depressed the price of risk globally, leading to the widespread mis-pricing of assets and misallocation of investment. These effects were enhanced by rapid financial innovation and breathtaking arrogance of leading financial market participants in believing that they understood these innovations. http://www.heritage.org/Research/Economy/bg2331.cfm The Heritage Foundation - J. D. Foster, Ph.D. Economy Thu, 22 Oct 2009 12:14:54 EST http://www.heritage.org/Research/Economy/bg2331.cfm The Great Global Contagion and Recession was largely the result of a sustained global savings glut combined with excessive monetary accommodation by the Federal Reserve and other central banks. These two complementary and reinforcing forces artificially depressed the price of risk globally, leading to the widespread mis-pricing of assets and misallocation of investment. These effects were enhanced by rapid financial innovation and breathtaking arrogance of leading financial market participants in believing that they understood these innovations. http://www.heritage.org/Research/Economy/bg2331es.cfm The Heritage Foundation - J. D. Foster, Ph.D. Economy Thu, 22 Oct 2009 13:02:07 EST http://www.heritage.org/Research/Economy/bg2331es.cfm Despite honest attempts to improve the Consumer Financial Protection Agency Act of 2009, the overall concept is still badly flawed. http://www.heritage.org/Research/Economy/wm2650.cfm The Heritage Foundation - David C. John Economy Wed, 14 Oct 2009 16:09:49 EST http://www.heritage.org/Research/Economy/wm2650.cfm