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All stimulus, all the time
Paul Krugman clarifies his point about temporary versus permanent spending: Tyler's latest on temporary versus permanent government consumption clarifies what the confusion is over my very simple point . I don't think Tyler understands what I (and everybody else) means by government spending. I ...
The paradox of thrift
The paradox of thrift
econbrowser.com — Or, how come you used to say that if consumers don't save more, it will wreck the... economy, and now you say, if consumers do save more, it will wreck the economy? For the record, I am certainly among those who had been suggesting that America's low ... (more) The paradox of thrift
Opinion: There's No Stimulus Free Lunch
Opinion: There's No Stimulus Free Lunch
online.wsj.com — GARY S. BECKER and KEVIN M. MURPHY How much will the stimulus package moving in Congress really... stimulate the economy? The evaluations to date have been incomplete, so we looked at the likely stimulative effect from the spending parts of the House and ... (more) Opinion: There's No Stimulus Free Lunch
Instead of stimulus, do nothing – seriously
csmonitor.com — Stimulus is unconstitutional. And history shows that the economy can recover strongly on its own, if politicians... stay out of the way. (more) Instead of stimulus, do nothing – seriously
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Econ 101 and Public Investment
Angry Bear — Megan McArdle concludes from "lowly MBA" analysis that it is impossible to get a net surplus from public investment. If lowly MBAs think this, then lowly MBAs faked their way through Introduction to Microeconomics which IIRC was in fact designated Econ 101 at my lowly public university: ...

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Marginal Revolution — ... From now on...Markets in Everything!  All day, every day...

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So, Where Is That Stimulus Again?
valueplays.blogspot.com 4/29/2009 — Please read paraghraph 4. Can anyone tell me how this happened when we just passed over $1 trillion is "stimulus" packages? From the BEA GROSS DOMESTIC PRODUCT: FIRST QUARTER 2009 (ADVANCE) Real gross domestic product -- the output of goods and services produced by labor and property ...
What Does Fiscal Stimulus Mean?
moneyning.com 3/23/2009 — This is a guest post from Manshu, author of OneMint.com who started writing articles when he was majoring in finance. With the economy reeling under a recession, the word that you read quite frequently is stimulus. But what is it? First, let’s explore a few terminologies: recession, GDP, ...
House and Senate Stimulus Bills in Perspective
econbrowser.com 2/10/2009 — The Senate has closed debate on its bill. What have "moderates" wrought? Figures 1 and 2 depict the fiscal impulse arising from Senate and House bills, respectively. Figure 1: Estimated spending and tax revenue reductions, per fiscal year, ...
After the stimulus
krugman.blogs.nytimes.com 11/18/2008 — For the coming year, and probably well beyond, the economy will be on life support - sustained by massive fiscal stimulus. (Either that, or we'll be in a very deep slump.) But eventually the economy will have to come off life support. What will take ...
Wolf Versus Pettis on US Stimulus, Fiscal Deficit (Not for the Fainthearted)
nakedcapitalism.com 1/15/2009 — Martin Wolf has a very good comment in the Financial Times, " Why Obama’s plan is still inadequate and incomplete ," which readers might tempted to ignore, since the headline suggests the piece reaches a conventional conclusion: the Obama stimulus ...
U.S. GDP
measuringworth.org 3/14/2009 — Gross Domestic Product (GDP) is the market value of all final goods and services produced within a country during a given time period. There are two ways to measure GDP: Nominal GDP is the dollar value of production at current-year prices. For ...
On the Obama Stimulus Plan-Becker
becker-posner-blog.com 1/12/2009 — If the government increased its spending on infrastructure when the economy has full employment, its main impact would likely be to draw labor, capital, and raw materials away from various other activities. In effect, increased government spending ...
Preliminary Analysis of the President’s Budget
cboblog.cbo.gov 3/21/2009 — We have just released our latest projections for the budget and economic outlook, updating the projections published in early January 2009. In addition, we have reviewed the President’s budgetary proposals contained in the February publication A New ...
Financial Crisis and Recession
woodwardhall.wordpress.com 12/11/2008 — The Obama administration’s focus on infrastructure spending raises the natural question of the effect of government purchases on total GDP. Does government spending stimulate other categories of spending, especially consumer spending? Or does ...
Good economic news?
econbrowser.com 4/30/2009 — Today's GDP numbers were about what I was expecting. Although economic activity continued its sharp decline, if we continue to follow the script, things should improve. The Bureau of Economic Analysis reported today that U.S. real GDP fell at a ...
Australia cuts rates amid new stimulus planWorld News from Times Online
The Australian government has announced a $42 billion ($£19b) economic stimulus package as the Reserve Bank of Australia (RBA) slashed the interest rate to a record low in a bid to stave off a looming recession.
EU warns of global trade wars over $800bn $‘Buy American’ rescue planWorld News from Times Online
The European Union warned Barack Obama yesterday against plunging the world into depression by adopting a planned “Buy American” policy, intensifying fears of a trade war.
Australia stimulusWorld News from Times Online
The Australian Government has announced a A$42 billion ($£19 billion) economic stimulus package as the Reserve Bank of Australia cut the interest rate to a record low in an effort to stave off a looming recession. The one percentage point rate cut ...
Bank Plan to Be Outlined Next WeekWSJ.com: What's News US
Geithner will give a speech next week in which he will outline the Obama administration's financial-rescue plans, according to a Treasury official.