Economics
Latest
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Three International Economists Join Announcement Effect Club
Along with the daffodils, the onset of spring has seen the blossoming of the “announcement effect” in the public discourse. Three international...
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Interest Rates and the Fiscal Outlook
A great debate is breaking out over concerns for our growing debt, and it is centered around interest rates on Treasury securities. A fear held by...
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Sovereign Risk Jitters
For budget and market watchers, the month of March has been a little scary. It is not easy to come out of the deepest recession and financial crisis...
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Bank Failures Pass 200 Mark
On Friday evening, the FDIC reported that it has taken over an additional seven banks ( State Bank of Aurora, First Lowndes Bank, Bank of Hiawassee...
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Four More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional four banks ( Statewide Bank, Old Southern Bank, The Park Avenue Bank...
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Four More FDIC Bank Closings
On Friday evening, the FDIC reported that it has taken over an additional four banks ( Centennial Bank, Waterfield Bank, Bank of Illinois, Sun...
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The Ever-Growing Announcement Effect Club
EPI's Lawrence Mishel joined the Announcement Effect Club with an article co-written with David Walker (already a member) in Politico last week. In...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times chided Jim Bunning for holding up a bill that...
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Two Economists Join the Announcement Effect Club
In a blog post today on Voxeu.org, European economists Tim Besley and Andrew Scott joined the Announcement Effect Club, stating that a switch to tight...
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New Members in the Announcement Effect Club
During yesterday's Avoiding a Government Debt Crisis event, hosted by the Peterson-Pew Commission on Budget Reform, speakers Thomas Hoenig, Richard...
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Happy Birthday ARRA: The American Recovery and Reinvestment Act One Year Later
A year after its creation, the ARRA has disbursed about $300 billion, of the now $862 billion, through spending increases and tax breaks. Almost all...