Showing results 111 - 120 of 1141
March 2020, Opinion: "A fundamental difference between natural science theories and social science theories is that natural science theories, if valid, hold for all times and…
March 2, 2020, Opinion: "Policymakers and too many economic commentators fail to grasp how the next global recession may be unlike the last two. In contrast to recessions…
February 26, 2020, Paper: "This is a curious debate on which much seems to turn on “the stroke of a pen.” Do banks create money or are they intermediaries between depositors…
Data and code for: Automatic stabilizers in a low-rate environment. Lawrence Summers, February 16, 2020, Dataset, "In a world where monetary policy cannot assume responsibility…
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary policy. It made good sense. In terms of…
February 11, 2020, Paper: "In my testimony today I will make four points: 1. Corporate tax collections are very low both in historical perspective and compared with other…
2020, Paper, "With interest rates persistently low or even negative in advanced countries, policymakers have barely any room to ease monetary policy when the next recession hits.…
February 3, 2020, Opinion, "Many leading central bankers now argue that, instead of just playing its traditional role of deciding the allocation of government spending, investment…
2020, Paper, "Trends in demographics, national security, economic inequality, and the public debt suggest an urgent need for progressive approaches to raising additional revenue.…
Lawrence Summers, January 7, 2020, Opinion, "Few economic virtues are more universally applauded than thrift. Going back at least to Ben Franklin, Americans have equated greater…