Associate Dean Tim Canova commented on Federal Reserve.  Federal Reserve Chairman Ben Bernanke in the article “Hedging Ben” at Forbes.com. Read article…

Quotes from this story included:

Timothy Canova, an associate dean and economic law professor at Chapman University in California, says Bernanke’s remarks might indicate a level of “frustration” with the administration’s policies.

“On some level, I think the Fed chairman doesn’t have good options,” he says. Lowering interest rates won’t necessarily stop foreclosures, and it certainly won’t alleviate inflation fears. Canova says more government spending is necessary to boost the economy–something Democrats have proposed but the Bush administration will not go for.

Associate Dean Timothy Canova was quoted in TheStreet.com in a piece entitled “Democrats Need to Embrace NAFTA,” where he commented via email that freer trade in agriculture, combined with U.S. farm subsidies, has contributed to more than 600,000 farm families losing their livelihoods in Mexico. “This, of course, contributes to the increase of illegal immigration from Mexico to the United States,” Canova said. “Likewise, there are certainly factories in the U.S. that have been closed down as a result of freer trade with Mexico, and even more so with China.” Read article…