Economics
Latest
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Event Recap: "Economic and Foreign Policy Implications of America's Debt"
Read moreThe Center for Strategic and International Studies hosted an event today chaired by former Senators Sam Nunn (D-GA), who is a member of the steering...
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CBO Projects a Recession -- But How Deep?
Read moreWe've warned many times before that going off the fiscal cliff would throw the economy into a double dip recession. With CBO's updated budget and...
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Goldman Sachs On the Fiscal Cliff
Read moreIn a new investor note, Alec Philips of Goldman Sachs produced a useful new chart comparing three different scenarios for extending all the fiscal...
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How Long Will Low Interest Rates Last?
Read moreAre we really borrowing for free, and should we be taking advantage of it? Over the last few years, we’ve seen interest rates continue to fall to...
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Al Simpson Joins the Announcement Effect Club
Read moreThe Announcement Effect Club has a new member after this weekend—Fiscal Commission Co-Chair Alan Simpson. Simpson discussed the dangers of the fiscal...
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The Concord Coalition Provides Fiscal Lessons From Europe
Read moreThe Concord Coalition has just unveiled a new paper, authored by Edmund Andrews, Joe Minarik, and Diane Lim Rodgers, called " Not Just Their Problem...
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It's Not Free Money
Read morePaul Krugman and other advocates of more federal stimulus spending cite today’s extremely low real interest rates, near zero or negative, as reason to...
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How Does the Fiscal Cliff Compare to Past Deficit Reduction in the U.S.?
Read moreIn evaluating the fiscal cliff, it is interesting to see how it compares to past cases where the federal government has rapidly reduced deficits. The...
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Zero-Sum Doesn't Quite Cut It
Read moreThe New York Times has an article today entitled " In Washington’s New Mood of Austerity, Legislating Turns Into a Zero-Sum Game," detailing how the...
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IMF: U.S. Must Get Its Timing Right
Read moreToday, the IMF released the concluding statement of its Article IV Consultation, calling for the U.S. to pass a deficit reduction plan quickly but...
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Bill Bradley Joins the Announcement Effect Club
Read moreAlready a member of the Basketball Hall of Fame, former Sen. Bill Bradley (D-NJ) joined another exclusive club over the weekend: the Announcement...