Economics
Latest
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FOMC to the QE?
With heated public debate and growing uncertainty about the momentum of the economic recovery, all eyes turned to the scheduled meeting of the Federal...
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Robert Rubin Joins the Announcement Effect Club
Former Treasury Secretary Robert Rubin joined the Announcement Effect Club on " Fareed Zakaria GPS" in an appearance alongside another former Treasury...
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This Year (and a Half) In Stimulus
Yesterday, the House passed the $26 billion bill that would extend increased Medicaid matching to states and education funding to prevent teacher...
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MARKETWATCH: August 2-6
Today’s disappointing employment report (unexpectedly, June was revised downward and July was weak) prompted a Treasury rally, attributed by the...
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Memo to Policymakers: Expectations Matter
Our policymakers need to focus more how shaping and managing fiscal expectations can help us get our fiscal house in order while supporting growth at...
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Three Economists Testify Before Senate Budget Committee
Yesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate...
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‘Line’ Items: War Supplemental Finally Passes; Small Biz Bill Not So Lucky
House Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a...
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MARKETWATCH: July 26-30
The week saw ups and downs of interest in Treasury debt instruments on the margin. Foreign interest backed off a little as perceptions of risk: return...
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Peter has (Almost) Left the Building
Appearing at his old alma mater, the Brookings Institution, Wednesday, Peter Orszag bid adieu to public sector employment in his final public...
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CBO: Our Increased Fiscal Crisis Risk
"The current fiscal path of the federal government is unsustainable." This sentence begins any discussion about the future of US fiscal policy and CBO...
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MarketWatch: July 19-23
As of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based...
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It's Summerstime in the Fiscal Policy World
Larry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...