Impressive Carter nominees also include Bank of America CEO A.W. Clausen to succeed Robert McNamara as president of the World Bank. With considerable fanfare, McNamara greatly increased development aid to very poor countries. With much less publicity, Clausen strengthened the Bank’s challenged balance sheet.
As may now be apparent, I disagree with my colleague Michael Sean Winters who wrote that James Earl Carter Jr. was a failed politician. It is a mistake to equate Carter's nonelection with being a political failure.
One of the most influential figures in U.S. history was the economist Milton Friedman, an advocate of free markets and deregulation, “neoliberalism” as it came to be known. His ideas became so central to policymaking that it is often said that the last half-century has been the Age of Friedman.
Most U.S. stocks rose following an encouraging update on inflation, but drops for Eli Lilly and some other influential stocks kept indexes in check. The S&P 500 edged up 0.1%
World stocks have retreated after U.S. stocks fell as good news on the job market raised worries over inflation.
Drops for Eli Lilly and other influential companies are weighing on U.S. indexes. The S&P 500 slipped 0.3% Tuesday, even though the majority of stocks in the index rose. The
ATLANTA (AP) — Jimmy Carter, the peanut farmer who won the ... He appointed Paul Volker, the Federal Reserve chairman whose policies would help the economy boom in the 1980s — after Carter ...
President-elect Donald Trump has ambition to reshape the economy and a strong mandate to roll out new policies. Yet, Winston Churchill’s apocryphal adage that politicians should “never let a good crisis go to waste” would be a risky proposition once we recognize that the “disaster” is in fact a substantial macroeconomic inheritance.
Six days of funeral observances for former President Jimmy Carter began ... rites run by the federal government.The motorcade then was scheduled to arrive at the Carter Presidential Center at ...
Washington mourned Jimmy Carter last week at the National Cathedral, which has been a guide for activism in the Trump era.
The U.S. and the world mourned and reflected on the legacy of the country's 39th president, Jimmy Carter, Sunday. The former president, revered for his humanitarianism, died in his hometown of ...
Former President Jimmy Carter died at the age of 100 on Dec. 29, about a year after his wife and former first lady Rosalynn Carter died on Nov. 19, 2023 at 96 years old. Following his national ...