Menzie Chinn invokes the CBO “estimates” to argue against those who say the stimulus didn’t work. . . .
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. . . .
I’ll be testifying before the Joint Economic Committee tomorrow (Thursday) at 10 am eastern time. . . .
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. . . .
For an economist, these are the best of times and the worst of times. . . .
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. . . .
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. . . .