A recent paper by a trans-Atlantic team of four economists -- John Cogan and John Taylor of Stanford University and Tobias Cwik and Volker Wieland of Goethe University -- subject the Obama Administration's stimulus to the most recent Keynesian scholarship...
The words “To Counterfeit is Death” appear on the reverse side of the paper money issues of several of the British American colonies. Massachusetts was the first to issue government paper money in the Western world, followed by the other 12 original colonies...
If you want to read a very short book on how we got into the financial crisis, I don't think you could do better than John B. Taylor's Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis...
In line with what Ed says below about the tone of POTUS’ comments to the New York Times, a very excellent and very short book has just come out from the Hoover Institution Press...
A Great Debate is taking place across the political spectrum of economists, financial analysts, and politicians over the several measures put in place by the Congress, the Federal Reserve Board, and the Treasury...
US President Barack Obama summed up the core economic challenge facing his administration when he told Congress a week ago: "There will be no real recovery unless we clean up the credit crisis that has severely weakened our financial system ... if we do not restart lending in this country, our recovery will be choked off before it even begins ... the flow of credit is the lifeblood of our economy."...
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.