Good economic news from the Netherlands. The stimulus worked
Even in a very open economy..
The causes of the financial crisis
Since the crisis was widespread, countries can be compared. This is evidence based policy at its most revealing…
The America that can
No, it’s not about any politics (which has basically come to a grinding halt). But elsewhere, in what seems an entirely different country, miles away…
Natural gas the natural fuel for the US
The situation is so simple that only politics can make it complicated. Read about the full illogical horror of US politics..
Market distortions in private healtcare
For markets to function, both buyers and sellers need access to the same information. When this is not the case (a situation known as ‘asymmetrical information’ in economics), things can […]
Deficit hawks should be careful not to sniff out the recovery
Deficit hawks should think twice, and do something about health care cost, which is by far the most serious threat to the sustainability of the financial position of the US […]
If top firms were to pay for the pollution they cause..
They would lose more than 1/3 of their profits, or $2.2 trillion…
Inflation should be higher!
Since Volcker and Thatcher slaid inflation in the early 1980s, inflation has been tame, mainly due to these successful policies. But some of the smartest economists actually argue that was […]
While China may invest too much, the US invests too little..
Investment is raising the future living standards…
Europe is in a mess, but financial markets are probably making things worse..
Financial markets give people incentives (and means) for things to get worse. This is just plain wrong…