econospeak.blogspot.com - 3/6/2009
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Greg Mankiw writes: Rahm Emanuel, the incoming White House chief of staff, has said, “You don’t ever want to let a crisis go to waste: it’s an opportunity to do important things that you would otherwise avoid.” What he has in mind is not entirely clear. One possibility is that he wants to ...
whitehouse.gov - 3/3/2009
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whitehouse.gov —
The economic projections underlying the Administration s budget
have received considerable attention. Here we briefly address the
projections and some of the issues that have been raised. 1. Comparison of the Administration Forecasts to Comparable ...
(more)
Economic Projections and the Budget Outlook
econbrowser.com - 3/5/2009
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econbrowser.com —
The exchange between Brad Delong and Greg Mankiw
( [1] [2] , followed up by [3] [4]
) reminded me of some earlier work Iqd done with Yin-Wong Cheung on the time series properties of real GDP, back in the "unit root" wars. Briefly, Mankiw was ...
(more)
Interesting Econometric Result of the Day: And the ...
fistfulofeuros.net - 3/13/2009
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fistfulofeuros.net —
“Most other countries in the region are faring
much better, though….Like Slovenia, which joined two years ago,
Slovakia can enjoy the full protection of rich Europe’s currency union, rather than just the indirect benefit of being due to join it some day.” The Economist ...
(more)
Sovenia’s Economy Falls Off The Roof, While Slovakia ...
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links for 2009-03-06
Economist's View —
The bogus GOP claim that Obama is making war on the rich - Daniel Gross
Capitalism Beyond the Crisis - Sen - The New York Review of Books
Mankiw’s GOP Talking Points on Obama’s Budget - pgl
The collapse of global trade, murky protectionism, and the crisis - voxeu.org
Don't let murky protectionism stall a global recovery - voxeu.org
If capitalism is destroyed, blame Obama -- or Kudlow? - Los Angeles Times
Mortgage modification - Marginal Revolution ...
Rogoff: Countries Risk Drowning in Red Ink
Economist's View —
... that stabilization policy does not have to change the size of government in the long-run (and see pgl for a debunking of some of the claims about the size of government. i.e. he notess that "Federal spending as a share of GDP was about as high in 1985 as it is projected to be for 2019"). Fiscal policy can increase the size of government, but it can also shrink the size of government (lower taxes in the downturn, then cut spending when things are better to eliminate the deficit and government will shrink). So the criticism is not about the use of ...
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Den Of Liars
market-ticker.denninger.net 12/24/2008 —
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China’s Magic Numbers
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Loan Ranger —
The Big Money 3/5/2009
The long-term economic strength of the United States depends on our ability to compete in the world of intellectual capital. Indeed, that is perhaps the last remaining arena where we can hope to win, since we ceded pure wage competition long ago, ...
Barking Up the Wrong Tree —
The Big Money 3/5/2009
"Climate change. What's the solution? A green jobs revolution." So chanted thousands of protesters who braved the frigid cold Monday in Washington to demand aggressive government action on alternative energy. They have reason to be optimistic. ...
Let's Fix Higher Ed —
The Big Money 3/5/2009
The long-term economic strength of the United States depends on our ability to compete in the world of intellectual capital. Indeed, that is perhaps the last remaining arena where we can hope to win, since we ceded pure wage competition long ago, ...
The Ascendancy of Politics —
The Big Money 3/5/2009
As President Obama was making his case for the $787 billion stimulus package he hopes will help revitalize the U.S. economy, he warned that failure to enact the plan would "turn crisis into a catastrophe. ... Millions more jobs will be lost, ...
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