Menzie Chinn invokes the CBO “estimates” to argue against those who say the stimulus didn’t work. . . .
Brad DeLong mocks Steve Horwitz here for suggesting that the stimulus didn’t create jobs. . . .
In this post, I disagreed with Menzie Chinn and argued that CBO estimates of the impactof the stimulus are not estimates. . . .
David Leonhardt writes in the New York Times: Just look at the outside evaluations of the stimulus. . . .
The theme of this story is that a recent government report overstated (surprise!) the number of jobs “saved or created” by the stimulus spending...
Krugman and DeLong have been attacking Mankiw and Meltzer for mocking the “jobs saved” metric of the Obama Administration. . . .
These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. . . .
Douglas Irwin, professor of economics at Dartmouth College, explains and defends free trade.
For an economist, these are the best of times and the worst of times. . . .
New technologies have produced a boom in oil and natural gas right here in the United States—and given us a chance to liberate our foreign policy. By Victor Davis Hanson.
A recession is a terrible time to make major changes in the economic rules of the game. . . .
If a CEO issued the kind of distorted figures put out by politicians and scientists, he'd wind up in prison. . . .
This clash of candidates is not about policies but about visions—and conservatives see more clearly. By Bruce S. Thornton.
Lawrence Summers, President Emeritus and Charles W. Eliot University Professor at Harvard University, and former U.S. treasury secretary, talked about “Responsible Nationalism.”
The Nobel economist says the health-care bill will cause serious damage, but that the American people can be trusted to vote for limited government in November. . . .