Economics
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Robert Rubin Joins the Announcement Effect Club
Read moreFormer Treasury Secretary Robert Rubin joined the Announcement Effect Club on " Fareed Zakaria GPS" in an appearance alongside another former Treasury... -
This Year (and a Half) In Stimulus
Read moreYesterday, the House passed the $26 billion bill that would extend increased Medicaid matching to states and education funding to prevent teacher... -
MARKETWATCH: August 2-6
Read moreToday’s disappointing employment report (unexpectedly, June was revised downward and July was weak) prompted a Treasury rally, attributed by the... -
Memo to Policymakers: Expectations Matter
Read moreOur policymakers need to focus more how shaping and managing fiscal expectations can help us get our fiscal house in order while supporting growth at... -
Three Economists Testify Before Senate Budget Committee
Read moreYesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate... -
‘Line’ Items: War Supplemental Finally Passes; Small Biz Bill Not So Lucky
Read moreHouse Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a... -
MARKETWATCH: July 26-30
Read moreThe week saw ups and downs of interest in Treasury debt instruments on the margin. Foreign interest backed off a little as perceptions of risk: return... -
Peter has (Almost) Left the Building
Read moreAppearing at his old alma mater, the Brookings Institution, Wednesday, Peter Orszag bid adieu to public sector employment in his final public... -
CBO: Our Increased Fiscal Crisis Risk
Read more"The current fiscal path of the federal government is unsustainable." This sentence begins any discussion about the future of US fiscal policy and CBO... -
MarketWatch: July 19-23
Read moreAs of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based... -
It's Summerstime in the Fiscal Policy World
Read moreLarry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the... -
MarketWatch: July 12-16
Read moreThe (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...