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John Taylor: The Fed Done It
(December 14, 2008 03:33 PM, by Arnold Kling) He is a leading macroeconomist, and he is out with a serious paper, in which he blames the Fed for excessively low interest rates from 2002-2004. Pointer from James Hamilton, who does not agree. Hamilton writes, I feel he overstates...
 Financial Crisis and Recession
Financial Crisis and Recession
woodwardhall.wordpress.com — 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 ... (more) Financial Crisis and Recession
Spending and Tax Multipliers
gregmankiw.blogspot.com — A key issue facing the new Obama administration is to what extent the economic stimulus should take... the form of spending increases versus tax cuts. One way to think about the issue is the size of the fiscal policy multipliers. The multipliers measure ... (more) Spending and Tax Multipliers
John Taylor on the Federal Reserve
John Taylor on the Federal Reserve
econbrowser.com — Stanford economics professor John Taylor has a new paper in which he takes aim at recent economic... policy, and fires with both barrels, concluding that "government actions and interventions caused, prolonged, and worsened the financial crisis."  ... (more) John Taylor on the Federal Reserve
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links for 2008-12-15
Economist's View — John Taylor on the Federal Reserve - Econbrowser John Taylor: The Fed Done It - Arnold Kling News You Can Lose -  by James Surowiecki Fed’s Words May Speak Louder Than Actions Now - John M. Berry Yet Another Massive Failure To Communicate - Capital Gains and Games European macro algebra (wonkish) - Paul Krugman Policymakers to prop up US housing market - FT On the economics of the MSM print media - Stephen Gordon ...

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