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Economic Policy

GOP Economic Policies Under Heavy Fire | Posted 10.13.2011 | Politics

WASHINGTON -- The boasts of Congressional Republicans about their cost-cutting victories are ringing hollow to some well-known economists, financial a...

The Credit Downgrade and the Congress: Why Polarized Politics Paralyze Public Policy

Robert Stavins | Posted 10.11.2011 | Politics
Robert Stavins

No matter how one feels about the wisdom of Standard & Poor's downgrading of long-term U.S. debt, the issue of greater concern should be their assessment of the state of the U.S. body politic.

Consumer Confidence Rattled By Debt Deal's 'Dire Economic Consequences'

Posted 09.28.2011 | Business

Consumer sentiment fell in July to its lowest point in more than two years, as anxieties over stagnant wages and rising unemployment deepened, a s...

Americans Don't Spend Enough Time On Actual Economic Problems

New York Times | DAVID LEONHARDT | Posted 09.26.2011 | Business

When I began covering the American economy 11 years ago, it was the envy of the world. The last 11 years have not been kind to it. First came the d...

Subjective Versus Objective Costs: How the Labor Theory of Value Almost Destroyed the World

Steve Mariotti | Posted 08.20.2011 | Business
Steve Mariotti

Over the past 200 years or so, many of the world's conflicts have developed around a little-known debate in economic theory. The outcome of this argument has had an impact equal to that of a major war.

Dealing With the Unemployment Problem

Robert E. Prasch | Posted 08.14.2011 | Politics
Robert E. Prasch

In light of the size of the problem, its cause, and duration, the most obvious, efficient, and effective way to secure jobs for the mass of the unemployed is to have the government hire them.

Simon Johnson: Timothy Geithner Headed 'In The Wrong Direction'

New York Times | Simon Johnson | Posted 08.09.2011 | Business

In a major speech earlier this week to the American Bankers Association’s international monetary conference, Treasury Secretary Timothy F. Geithner ...

Inflation in the Middle East -- Looking at the Right Numbers

Masood Ahmed | Posted 08.06.2011 | Business
Masood Ahmed

Surging international food prices have become a major cause for concern. This is especially so in the Arab world, which is home to some of the largest food importers and where rising food prices have been one of the factors in recent political unrest.

Ghana's Recent Economic Surge

Nake M. Kamrany | Posted 07.26.2011 | World
Nake M. Kamrany

Ghana has been the "warrior king" in Africa. Between 2000 and 2009, its average annual growth rate in terms of GDP per-capita was 17.6%, as compared to the rich countries' 3.05%.

Paul Krugman: Blame The 'Policy Elite'

New York Times | Paul Krugman | Posted 07.09.2011 | Business

The fact is that what we’re experiencing right now is a top-down disaster. The policies that got us into this mess weren’t responses to public dem...

How America Can Use Osama's Death To Better Position Its Economy

The New York Times | CHRYSTIA FREELAND | Posted 07.06.2011 | Business

NEW YORK — Osama bin Laden is dead. Now it is time for the peace dividend. That’s a phrase you may remember from the early 1990s, when Soviet Comm...

David Leonhardt: A Mission Not Yet Accomplished

New York Times | DAVID LEONHARDT | Posted 07.04.2011 | Business

It’s obviously been a good week for the Obama administration. But it comes at a dangerous time, for both the administration and the economy. The exc...

Economist: Misleading GDP Gains Have Hidden Failing Economy Since 1998

FORTUNE | Colin Barr | Posted 06.20.2011 | Business

The economy has been bedridden far longer than we realize -- and you can blame lying statistics for at least some of it. So says Rob Arnott of Resear...

William Alden

Weak Economy Will Be Tested As Policy Supports Fall Away | William Alden | Posted 06.12.2011 | Business

NEW YORK -- Recent fears of weakening economic growth have been tied to broad trends: falling home prices, the high unemployment rate and the tendency...

Too Bad Kids Can't Vote

Dr. Jim Taylor | Posted 06.11.2011 | Politics
Dr. Jim Taylor

If children could vote, then I'm sure politicians in both our federal and state governments would demonstrate some actual concern for them rather than...

Gordon Brown: Global Economy Still Not at a New Normal, Still Evolving, Shocks Ahead

Steve Clemons | Posted 06.10.2011 | World
Steve Clemons

Brown demonstrates something that we have seen before in the likes of John Kerry and Al Gore. Each was too cautious, too pruned and too stiff when running to secure the highest office in their respective lands.

New Economic Thinking Conference To Shatter Illusion of Control

Steve Clemons | Posted 06.07.2011 | Politics
Steve Clemons

As INET Executive Director Rob Johnson said, "last year's conference punctured the mystique of market stability (not to mention real events). This year, the conference will shatter the illusion of control."

At G20, Geithner Drops Thinly Veiled Swipe At China

Reuters | Posted 05.31.2011 | Business

NANJING, China: Tightly controlled exchange rate regimes are the main flaw in the international monetary system and the solution is simple, U.S. T...

Memos From The Developing World: Cairo, Corruption and Cultural Change

Marcelo Giugale | Posted 05.29.2011 | World
Marcelo Giugale

What makes a middle-class, middle-age, Middle-Eastern mother risk her life, liberty and livelihood to join street demonstrators and stand up against a...

William Alden

U.S. Economic Policy Not Changing In Response To Japan As Officials See Little Risk | William Alden | Posted 05.25.2011 | Business

American policy makers are expressing assurance that the ongoing crisis in Japan will not affect the tenuous economic recovery underway in the United ...

Driving Mr. Krugman: How We Talk About the Economy

Anat Shenker-Osorio | Posted 05.25.2011 | Business
Anat Shenker-Osorio

In a world gone wrong, at least we can count on Paul Krugman. The Nobel Laureate eviscerates the convoluted logic behind the proposed economic policy fiasco dressed up as a stimulus plan.

Free Trade Doesn't Work: Interview With Economist Ian Fletcher

Michael Hughes | Posted 05.25.2011 | Business
Michael Hughes

Free trade doesn't work, the global economy is a myth and the U.S. has been duped during trade negotiations for the past 40 years according to Ian Fletcher, author of Free Trade Doesn't Work: What Should Replace It and Why.

Winter of Discontent: Can Obama Get His Groove Back?

Derek Shearer | Posted 05.25.2011 | Politics
Derek Shearer

Let's use this holiday season to put politics in perspective -- and to nudge Obama back on track. Here are some gift suggestions, not only for the President and First Lady -- but for all of us who are feeling a bit shaky and need our souls revived.

Pessimism Porn

Anis Shivani | Posted 05.25.2011 | Books
Anis Shivani

Chris Hedges's new book, The Death of the Liberal Class (Nation Books, November, 2010) exemplifies the limits of the liberal elite in critiquing itsel...

America the Money Drunk

BJ Gallagher | Posted 05.25.2011 | Politics
BJ Gallagher

After inheriting a nice, fat surplus from the Clinton administration, America went on a spending spree - as if our rich Uncle Sam had bequeathed to us...