Krugman versus Wapo: Why Slow U.S. Growth Could be the New Normal
Paul Krugman doesn’t like this Washington Post piece on how slow growth could be the new normal for the US. […]
US Economy
US Economy
Central Banks, US Economy
Is the Fed Going to Go Bust?
While the Federal Reserve’s quantitative easing program has not yet caused an increase in inflation, many are concerned that the
Central Banks, Euro Crisis, US Economy
Fed’s Brave Steps Contrast with ECB’s Inertia
Some thoughts on today’s FOMC announcement and the contrast it represents to the ECB’s approach to monetary policy.
US Economy
Is the U.S. Set for an Era of Slow Growth?
The mood surrounding the U.S. economy is finally picking up. The housing market is recovering, consumer sentiment is getting off the floor and, most
US Economy
Did Bill Clinton’s Budgets Really Destroy the American Economy?
I think the “sectoral balances” viewpoint of the macroeconomy, which emphasises that income equals spending, is hugely important for understanding
US Economy
Should Bernanke Focus Only on Inflation?
Those watching the ongoing Euro-mess might be surprised at a policy recommendation that the Fed should behave more like the