The U.S. Needs A Supply Revolution
An increased regulatory burden is often blamed for the slowdown of US growth and decreasing economic dynamism. Much of this is simply the result of an increasing complexity of modern […]
Much Better Than All The QE In The World
Years of quantitative easing and what do advanced countries have to show for it? Not a whole lot. A much better alternative was staring us in the face all the […]
We Actually Do Know What Works
There is much frettening about what are often called unprecedented expansionary policies. While these policies do have risks and drawbacks, historical evidence strongly suggests that they work under conditions similar […]
Right-Wing Keynesianism?
Many on the political right associate Keynesianism with big government and loose monetary policies. This is unfortunate, as Keynesianism offers a good framework for analysis of an economy suffering from […]
Keynesian versus supply-side economics
In the battle of economic ideas, one that has been raging for nearly four decades is that between supply-siders and Keynesians. While we think some supply-side measures can be useful, […]
Do We Need Permanent Public Deficits If Larry Summers Is Right? – Seeking Alpha
If Larry Summer’s thesis of the secular stagnation is correct and we certainly believe he’s onto something, then perhaps the economy, in order to escape the deflationary forces that, if […]
Self-defeating austerity?
Their argument is that in the current environment of near-zero interest rates, fiscal deficits are unusually cheap to finance and monetary policy is not going to move to offset much […]
No economic growth in the Netherlands for seven years
Top economists Rick van der Ploeg en former minister Willem Vermeend argue that the Netherlands hasn’t grown in seven years and this is unprecedented. They blame the 46 billion euro […]
BBC News – IMF: US budget cuts ‘ill-designed’
IMF: US budget cuts ‘ill-designed’ The International Monetary Fund (IMF) has urged the US to repeal the huge federal budget cuts introduced this year, denouncing them as “excessively rapid and […]