Economics
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Sovereign Risk Jitters
Read moreFor budget and market watchers, the month of March has been a little scary. It is not easy to come out of the deepest recession and financial crisis...
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Bank Failures Pass 200 Mark
Read moreOn Friday evening, the FDIC reported that it has taken over an additional seven banks ( State Bank of Aurora, First Lowndes Bank, Bank of Hiawassee...
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Four More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional four banks ( Statewide Bank, Old Southern Bank, The Park Avenue Bank...
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Four More FDIC Bank Closings
Read moreOn Friday evening, the FDIC reported that it has taken over an additional four banks ( Centennial Bank, Waterfield Bank, Bank of Illinois, Sun...
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The Ever-Growing Announcement Effect Club
Read moreEPI's Lawrence Mishel joined the Announcement Effect Club with an article co-written with David Walker (already a member) in Politico last week. In...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times chided Jim Bunning for holding up a bill that...
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Two Economists Join the Announcement Effect Club
Read moreIn a blog post today on Voxeu.org, European economists Tim Besley and Andrew Scott joined the Announcement Effect Club, stating that a switch to tight...
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New Members in the Announcement Effect Club
Read moreDuring yesterday's Avoiding a Government Debt Crisis event, hosted by the Peterson-Pew Commission on Budget Reform, speakers Thomas Hoenig, Richard...
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Happy Birthday ARRA: The American Recovery and Reinvestment Act One Year Later
Read moreA year after its creation, the ARRA has disbursed about $300 billion, of the now $862 billion, through spending increases and tax breaks. Almost all...
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‘Line’ Items: Commissions, Summits, Caps and Dogs
Read moreCommission Coming – The White House says President Obama will create a fiscal commission by executive order within days. Meanwhile, Republicans still...
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Snowpocalypse Doesn’t Stop Announcement Effect Club from Growing
Read moreFearless economists braved the Washington snow this week to walk through the doors of the Announcement Effect Club via their testimony before the...