Economics

UPDATE: This blog has been updated to include CBO's brief about the fiscal cliff. About a month ago, we reported our estimates of how much the fiscal...

Steep budget cuts are linked to recession and higher unemployment in Europe, argue several commentators (see here for example). Are they right...

Former President Bill Clinton joined the Announcement Effect Club at the Peter G. Peterson Foundation's Fiscal Summit yesterday in a Q&A session with...

We have been warning for a few months now about the potential consequences of the fiscal cliff -- and adding to the debt by averting it all together...

The 2012 Fiscal Summit presented by the Peter G. Peterson Foundation is today. Watch live here now and follow on Twitter with #FiscalSummit. Speakers...

This week’s The Economist offers another analysis of the end-of-year fiscal cliff of tax increases and spending cuts that the United States faces...

The news that Britain has entered into a double-dip recession touched off a fierce debate last week over the role of austerity in the country's...

Federal Reserve chairman Ben Bernanke held a press conference yesterday following the conclusion of the Federal Open Market Committee meeting...

Our recent paper on the fiscal cliff details the short-term or longer-term economic problems that the country will face if lawmakers either allow...

Richard Haass, the President of the Council on Foreign Relations, argues that the biggest threat to U.S. national security might not be a continent...

The McKinsey Global Institute recently released a report assessing the efforts of the world’s ten largest mature economies (United States, Japan...