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In the News

How a Modern Depression Might Look -- If the U.S. Gets There

with Robert J. Barrovia Wall Street Journal
Monday, March 30, 2009

In the wake of the biggest financial shock since 1929, economists say the odds of a depression are less than 50-50 -- though still uncomfortably high...

In the News

G-20 Targets Hedge Funds as Leaders Near Consensus

with John B. Taylorvia Bloomberg
Monday, March 30, 2009

Leaders of advanced and emerging economies are closing ranks behind plans for tougher rules on financial markets to prevent another collapse like the one that wiped out much of Wall Street...

Analysis and Commentary

Barack Obama, Global Community Organizer

by Tunku Varadarajanvia Forbes
Monday, March 30, 2009

Remember the phrase "community organizer," plucked from his CV by Barack Obama and invoked as a pre-election boast?...

In the News

Bankers to get keys to kingdom

with John B. Taylorvia National Post (Canada)
Monday, March 30, 2009

Senior policymakers from the Group of 20 nations, led by those in Washington, are likely to agree this week to give their central bankers more power to ensure there's no return of the type of credit crisis that has rocked the global financial system...

In the News

The Treasury's Plan to Buy Bank Assets

by Gary S. Beckervia Becker-Posner Blog
Sunday, March 29, 2009

One good aspect of the Treasury's plan to enlist the private sector in buying mortgage-backed and other bank assets is that it reduces the uncertainty-if it is implemented! - about what the government plans to do further in aiding banks...

In the News

Look to Beijing

with Niall Fergusonvia Washington Post
Sunday, March 29, 2009

A hundred years ago, London would have made sense as the spot where the world's leaders should gather, as they will this week, to grapple with a spreading economic crisis...

In the News

Obama’s radicalism

with Michael J. Boskinvia Steamboat Pilot and Today (CO)
Sunday, March 29, 2009

Obama’s radicalism is killing the country...

In the News

David Stockman Reprise

by Alvin Rabushkavia Thoughtful Ideas
Sunday, March 29, 2009

Concerning President Ronald Reagan's 1981 tax cut, in November 1981 David Stockman, director of the Office of Management and Budget, said this to William Greider of the Atlantic Monthly:..

In the News

What? Another Tax Reform Commission?

by Alvin Rabushkavia Thoughtful Ideas
Saturday, March 28, 2009

How many tax reform commissions could reform taxes if a tax reform commission could reform taxes?...

In the News

Stimulate this

with John B. Taylorvia Globe and Mail (Canada)
Friday, March 27, 2009

Like Mickey Rourke in The Wrestler, the battered Keynesians have staged an astonishing comeback...

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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