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In the News

NBER’s Hall Says ‘Way Too Early’ to Declare Recovery

with Robert E. Hallvia Bloomberg
Friday, June 5, 2009

While the U.S. economy is showing signs of stabilizing from a recession that started in December 2007, it’s “way too early” to say the contraction is over, said the head of the group that officially makes the call...

In the News

Immaturity in power

with John B. Taylorvia Washington Times
Friday, June 5, 2009

A sign of immaturity - most often found in children and certain politicians - is being in denial or even unaware of the consequences of one's actions...

Analysis and Commentary

The Roots Of Liberalism

by Peter M. Robinsonvia Forbes
Friday, June 5, 2009

A near quadrupling of the federal deficit in 2009 alone. The nationalization of the Detroit automakers...

Analysis and Commentary

Twenty years after a victory and a defeat, time for a progress report

by Timothy Garton Ashvia Guardian (UK)
Wednesday, June 3, 2009

Someone should institute an annual 4 June review of the Chinese, European and American models...

In the News

Governor: 'Our wallet is empty'

with Bill Whalenvia Sacramento Bee
Wednesday, June 3, 2009

Gov. Arnold Schwarzenegger dusted off his first-term playbook Tuesday in a rare legislative budget address...

In the News

Not so risky

by Russ Robertsvia Cafe Hayek
Tuesday, June 2, 2009

From the New York Times: President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive...

In the News

'Recovery Unlikely Until Banks Restore Ability'

with Thomas J. Sargentvia Korea Times
Tuesday, June 2, 2009

A noted economist has claimed the global economy will not see a meaningful recovery until banks' ability to lend to companies and individuals is fully restored, indicating that there might be a "double dip" downturn down the road...

In the News

Say It Ain't So, Larry

with John B. Taylorvia Weekly Standard
Monday, June 1, 2009

Ninety years ago the Chicago White Sox intentionally lost--dumped, to you sports fans--the World Series...

In the News

Is the World Economic Center of Gravity Moving to Asia?

by Gary S. Beckervia Becker-Posner Blog
Monday, June 1, 2009

The short answer is "yes", although not immediately, and not inevitably...

Analysis and Commentary

The trillion dollar question: China or America?

by Niall Fergusonvia Telegraph (UK)
Monday, June 1, 2009

Two years ago, economist Moritz Schularick and I coined the word "Chimerica" to describe what we saw as the key relationship in the then-booming global economy: China plus America...

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The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple