Tag Archives: policy makers

A Rare (Earth) Case of Wisdom

By Alex Tabarrok donkeyrock shared this story from Marginal REVOLUTION. Four years ago we were being warned that China’s monopoly on rare earths was a threat to the United States. Since rare earths are key resources for both national defense … Continue reading

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BoE Slashes Interest Rates 150 Bips

Wow: The Bank of England unexpectedly slashed the benchmark interest rate by 1.5 percentage points as policy makers tried to contain the damage caused by a recession. The nine-member Monetary Policy Committee, led by Governor Mervyn King, slashed the bank … Continue reading

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