Business Politics

William Niskanen - Economy News

The Cato Institute website features a video highlight of William Niskanen, Chairman of the Cato Institute, where he predicts the future state of the country’s economy to be experiencing a higher inflation rate compared to the last 6 months and that people’s primary concern would be their own jobs as well as job security.

An article from the Associated Press titled “Billionaires Say US Debts Needs Attention” includes an opinion from William Niskanen, Chairman of the libertarian think tank, the Cato Institute, stating that the country has to adjust the Social Security retirement age to at least 70.

A commentary from Cato Institute chairman William Niskanen titled “U.S. Capital Markets May Be Dangerously Overregulated” outlines the reports of the Blue Ribbon Committee on Capital Markets Regulation and The Schumer-Bloomberg Report, including different sets of policy recommendations for both reports. Niskanen also expresses his dissatisfaction with the two reports for the reason that they have not dealt with major conditions limiting the return rate on the nation’s equity markets.

William Niskanen, the chairman of the Cato Institute, appears on Bloomberg News, talking about Fannie Mae and Freddie Mac and giving his opinion on what Federal Reserve Chairman Ben S. Bernanke should do through focusing on the potential increase in inflation and that Congress should set a target growth rate for the Fed.

Cato Institute Chairman William Niskanen talks to CNBC about Fannie Mae and Freddie Mac, suggesting that the government should no longer give any preferences to both mortgage giants or any credit guarantees and that general mortgage market should be fortified in the meantime.

An article from titled “Economists: Bank Losses to Exceed $1 Trillion” contains statements coming from William Niskanen, Chairman of the Cato Institute and former member of President Reagan’s Council of Economic Advisers, revealing his views on the emergency sale of Bear Stearns through Fed-intervention and the mortgage risks brokers make.

An article from Bloomberg News titled “Obama, McCain Likely to Step Up Government Role in U.S. Economy” holds a remark from Cato Institute Chairman William Niskanen on seeing more government intervention and more regulation in the nation’s economy.