Monetary Policy

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In the News

Selling the Stimulus

with John B. Taylorvia KQED
Tuesday, February 10, 2009

The U.S. Senate is expected to approve an $838 billion economic stimulus bill on Tuesday...

In the News

Geithner’s Multitrillion Dollar Bailout

with Michael J. Boskinvia New York Times
Tuesday, February 10, 2009

Treasury Secretary Timothy Geithner’s $2.5 trillion bailout plan would create a public-private fund to buy up hard-to-sell assets from banks, inject more capital into banks and use Treasury and Fed money to finance up to $1 trillion in assets backed by consumer, auto and small business loans...

In the News

The U.S. recession is not that miserable

with Robert J. Barrovia National Post (Canada)
Tuesday, February 10, 2009

President Obama, writing in The Washington Post, said, “By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression.”...

Analysis and Commentary

How Government Created the Financial Crisis

by John B. Taylorvia Wall Street Journal
Monday, February 9, 2009

Research shows the failure to rescue Lehman did not trigger the fall panic.

In the News

Kiwi PM moves to fight recession without a cash splash

with Robert J. Barrovia Australian
Monday, February 9, 2009

WHILE the US, Australia and Japan spray cash in every direction to stimulate their economies, New Zealand has a novel idea: Why not grow one's way out of recession?...

In the News

It's The Government, Stupid!

with John B. Taylorvia CNBC
Monday, February 9, 2009

Pointing blame at the government, with John Taylor, Stanford University professor of economics and CNBC's Erin Burnett...

In the News

Central Banks Sacrifice Independence as Crisis Grows

with John B. Taylorvia Bloomberg
Monday, February 9, 2009

The global financial crisis is forcing the world’s central bankers to surrender some of their prized independence...

In the News

Our Brave New World

by Victor Davis Hanson with Peter Berkowitz, Hoover Institution, Ken Jowittvia Works and Days
Saturday, February 7, 2009

Be careful when one uses the superlative case—best, most, -est, etc.—or evokes end-of-the-world imagery...

In the News

We're in denial: afraid to face up to the real causes of recession

with Niall Fergusonvia Telegraph (UK)
Friday, February 6, 2009

Much has been written about the animosity and interdependence between press and politicians...

Analysis and Commentary

Keynes can't help us now

by Niall Fergusonvia Los Angeles Times
Friday, February 6, 2009

It began as a subprime surprise, became a credit crunch and then a global financial crisis...

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Economic Policy Working Group

 
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