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Business Commentary
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Mark Davis's Road to Riches columns appear on Saturday. To reach him, write in care of the business desk at 1729 Grand Blvd., Kansas City, MO 64108, call (816) 234-4372 or send e-mail to mdavis@kcstar.com.
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RECENT DAVIS COLUMNS
KU professor has a message for the Fed: Count the money right
Apr 20, 3:51 PMWilliam A. Barnett blames shortcomings at the Fed for the nation’s economic ills. He carefully lays that blame not on policy decisions or the policymakers. Fault, he contends, lies with the bad data that drove those decisions. The Fed, according to Barnett, fails miserably when it comes to counting money.
Higher interest rates are a hopeful sign
Mar 21, 12:59 AMTuesday’s news was that the Federal Reserve wasn’t raising interest rates. Somebody needs to tell the market, because rates have gone up anyway. And it’s a good thing, for two reasons.
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