Economy
Latest
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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...
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MarketWatch: July 12-16
The (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...
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Measuring the Effects of ARRA
According to the Council of Economic Advisors’ (CEA) quarterly report on the continuing effects of the American Recovery and Reinvestment Act (ARRA)...
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MarketWatch July 5-9
Markets are justifiably confused about the strength of the economy: is growth slowing? Is it slowing a lot or just a little? Will it keep chugging...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Denver Post said that although they opposed a large stimulus...
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MARKETWATCH June 28- July 2
Initial market reactions to the June employment report confirms trends over the week. While safe haven effects have continued to underpin investor...
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Fiscal Consolidations: How and When
Alberto Alesina of Harvard University has a new paper out that talks about how differences in the composition of debt reduction packages make a...
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MARKETWATCH June 14-18
Yes, financial markets too are being affected by the World Cup. So far today, trading is quiet – even though today is one of the famous Triple...
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Hensarling Comes Close
In testimony before the House Budget Committee this week, Ben Bernanke called for a plan to be put in place now to reduce deficits once the economy...
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MARKETWATCH: June 11, 2010
U.S. financial markets this week have continued to be dominated by global capital seeking a safe haven in U.S. Treasury instruments, as the eurozone...