Paul Krugman doesn’t like this Washington Post piece on how slow growth could be the new normal for the US. […]
Krugman versus Wapo: Why Slow U.S. Growth Could be the New Normal Read Post »
While the Federal Reserve’s quantitative easing program has not yet caused an increase in inflation, many are concerned that the
Is the Fed Going to Go Bust? Read Post »
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
Fed’s Brave Steps Contrast with ECB’s Inertia Read Post »
The mood surrounding the U.S. economy is finally picking up. The housing market is recovering, consumer sentiment is getting off the floor and, most
Is the U.S. Set for an Era of Slow Growth? Read Post »
I think the “sectoral balances” viewpoint of the macroeconomy, which emphasises that income equals spending, is hugely important for understanding
Did Bill Clinton’s Budgets Really Destroy the American Economy? Read Post »
Those watching the ongoing Euro-mess might be surprised at a policy recommendation that the Fed should behave more like the
Should Bernanke Focus Only on Inflation? Read Post »