By January of 1980, gold had risen to an all-time high of $875, meaning the dollar fell to all-time lows amid Volcker’s vain attempt to use interest rate intervention to shrink inflation. This is ...

Jimmy Carter, the longest living former president, whose term was marred by the Iran hostage crisis and rampant inflation but went on to build a humanitarian legacy that was recognized with a Nobel ...

Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...

The Democratic president led an ambitious agenda to replace New Deal guarantees of security and fairness with bogus models of "perfect competition." Jimmy Carter meets with cabinet members to discuss ...

One of his big concerns was to change the expectations, and hence the actions, of people who believed prices would continue to rise rapidly. “We are dealing with an inflationary momentum, and patterns ...

Investors are trying to understand where President Donald Trump’s whirlwind of policy changes—economic, fiscal, and trade—will take markets and the world’s largest economy. Mohamed El-Erian, chief ...