The government probably could get us out of this mess. One striking piece of data in the jobs numbers out Friday was just how much of a drag the p...

For the past six months, the world economy has been on what is best described as a roller coaster.

Paul Krugman, the Nobel Prize-winning Princeton economist and New York Times columnist, said Tuesday that the United States needs to spend on a scale ...

(Leigh Thomas) - The outlook for economic growth in developed countries has got much worse in the last three months, the OECD said on Thursday and...

Here’s the policy reality facing the president: The economy is stuck in the mud and the American people are losing faith that policy makers can do a...

The need for careful design of economic policies at the national level, and coordination at the global level, may be as important today as they were at the peak of the crisis two years ago.

As we said in the just-published Fiscal Monitor update, fiscal policy this year in some leading advanced economies is shaping up to be quite different from what was expected just last November.

The world economic recovery continues. But it remains a two-speed recovery: slow in advanced countries, and much faster in emerging and developing economies.

Even as Congress debates whether to extend emergency unemployment checks for more than six million Americans who are approaching the 99-week limit, so...

Ben Bernanke has doubts that his $600 billion program to purchase securities may not properly affect the yields on acquired securities and "via substitution effects in investors' portfolios, on a wider range of assets." Stunning, that admission.

The crisis has forced economists and policy makers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic theory and macroeconomic policy making?

Achieving a "strong, balanced, and sustained world recovery"--to quote from the goal set in Pittsburgh by the G-20--was never going to be easy. It req...

BUTTE, Mont. — Some of the biggest names in business said Monday that they see a bright future for the economy, with famed investor Warren Buffe...

In sum, the current policy approaches here and abroad are unlikely to deliver a durable and robust U.S. recovery and, critically, create sufficient gr...

What advanced countries need is clarity of intent, an appropriate calibration of fiscal targets, and adequate structural reforms. With a little help from monetary policy, and from their (emerging market) friends.

For conservatives to insist that we now rely only on the private sector for economic recovery is a bit like Bernie Madoff starting a new mutual fund from prison with the slogan, "trust me."

There's a general consensus that the massive monetary easing, fiscal stimulus and support of the financial system undertaken by governments and centra...

Crises have been ubiquitous throughout history. While we can't forecast them we do know how to learn from them. And we certainly have a good idea what not to do in response.

Hans Timmer, Director of Economic Forecasting at the World Bank, told the Wall Street Journal that China will lead the world out of this recession. He appears to be correct.