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Editor's Note: The following is the text of recent remarks on the European sovereign debt crisis made by legendary investor George Soros at the Festival of Economics in Trento, Italy.

Editor's Note: Below is the press release from the FDIC

Mindless austerity is losing policy credibility in some Eurozone nations. This column suggests governments shouldn’t mix long-term growth and fiscal discipline nor produce another Lisbon strategy. Instead, they should adopt a framework for…

"Real final sales" and factory production continued to be supported by inventory building . Governments continued to shrink their spending, and they sucked -0.60% from the headline number. This report shows per capita disposable income is…

The FDR moment occurred in 1933 when FDR took the reigns of monetary policy from an ineffective Fed and sparked a robust recovery in aggregate demand. The Fed had allowed aggregate demand to collapse for three years when FDR responded. He…

Whatever one thinks about Lord Wolfson’s euro-skeptical meddling, it certainly has been entertaining. The British baron’s offer of a £250,000 prize for the best ideas to deal with a possible breakup of the eurozone has brought all sorts of…

The debate between Paul Krugman and my friend Steve Keen regarding how banks work (see here, here, here, and here) has caused me to revisit an old quote. Back in the 1990s I would use Krugman’s book, Peddling Prosperity (1995), in my…

Warren Mosler presents some macro economic themes that will have implications for the investing and business climate.

Rich nations worldwide have a problem with debt. In the past, such problems have been dealt with by several tactics, including “financial repression”. This column explains how the tactic works and documents its resurgence in the wake of the…

Could a new paper published by researchers from the Federal Reserve Bank of St. Louis finally answer the question of whether affordable housing laws caused the subprime crisis? Yes.