Geese, Ganders and Governors
Governor Paterson's proposal proposed budget cuts (and similar proposals in the other 49 states) are a recipe for an even worse economic disaster than we have had during the past year.
Governor Paterson's proposal proposed budget cuts (and similar proposals in the other 49 states) are a recipe for an even worse economic disaster than we have had during the past year.
Derek Shearer | Posted 11.18.2009 | Politics
Unfortunately, while Obama's words are bold, he acts cautiously when it comes to actual reforms that are necessary to create this new foundation for economic growth.
New York Times | Paul Krugman | Posted 10.19.2009 | Politics
It's hard to believe now, but not long ago economists were congratulating themselves over the success of their field. Those successes -- or so they be...
Stephen Herrington | Posted 08.13.2009 | Politics
Some predecessors of current Republicans ganged together and stopped Roosevelt New deal spending, with identical arguments to now, in 1937. The result was a hiatus in the recovery until WWII.
Jaime Pozuelo-Monfort | Posted 10.04.2009 | World
The rescue of the bottom billion is only a reality if Mr. Sachs and Mr. Easterly put their outstanding intellectual skills to work instead of trying to win a debate that academics will perpetuate so long as they exist.
Alan Schram | Posted 07.02.2009 | Business
Keynes-style fiscal policy which amasses debt to obscure our fundamental problems will only make matters worse.
Jeffrey Sachs | Posted 04.21.2009 | Business
The fascinating thing about this Wall Street greed is that it is so deeply ingrained that neither the bankers themselves nor our economic leadership understands just how disgusting and dangerous it is.
Paul Abrams | Posted 03.08.2009 | Politics
By shifting the debate from wishful thinking to sound economics, prospects rise for effective policy decisions now and in the future, and doing the debate right is as important as the policy itself.
HuffingtonPost.com | Ryan Grim | Posted 03.05.2009 | Politics
As a massive government spending bill aimed at turning the economy around winds its way through Congress, Republicans continue to snipe at it for incl...
Mike Papantonio | Posted 02.07.2009 | Politics
As Obama steps into this quicksand economy, he seems to realize that short-term stimulus plans are only a Band-Aid solution for a gaping, almost mortal wound.
Lincoln Mitchell | Posted 02.04.2009 | Politics
It is worth trying to determine precisely what Bush means when he asks us to take a more historical perspective on his presidency.
Financial Times | Chris Giles in London, Ralph Atkins in Frankfurt and Krishna Guha in Washington | Posted 01.29.2009 | Business
More than three decades have passed since Richard Nixon, the Republican US president, declared: "We are all Keynesians now." The phrase rings truer t...
John Tepper Marlin | Posted 01.27.2009 | Business
Hyman Minsky didn't live to see how closely this year's meltdowns would follow his predicted scenario, with the Lehman failure being one of several clear Minsky moments.
Robert Reich | Posted 12.28.2008 | Business
What the hawks don't get is what John Maynard Keynes understood: when the economy has as much underutilized capacity as we have now, government spending that pushes the economy to fuller capacity will of itself shrink future deficits.
Jeff Madrick | Posted 11.28.2008 | Business
If we don't stimulate the economy, tax revenues will fall far faster and deficits rise, anyway. But they won't be the deficits of constructive investment. They will be the deficits caused by unnecessarily lost wealth.
Eric Margolis | Posted 11.27.2008 | Politics
Money, observed the witty British thinker Malcolm Muggeridge, is the homogenized form of power. No more money, no more power. The great imperialist ...
Alan Singer | Posted 11.17.2009 | New York