Book abstract: Countries with an abundance of natural resources, many of which are in sub-Saharan Africa, often show a record of relatively…
Limits of Monetary Policy in Theory and Practice. Carmen Reinhart, October 2011, Paper. "The view that modest alterations to monetary…
Last Thursday, the president urged Congress to pony up roughly $200 billion in taxpayer money to "provide more jobs for teachers [and] more…
In response to our sputtering economy, President Barack Obama presented a new stimulus package last week, hopefully titled the American…
American fiscal policy has been procyclical: Washington wasted the expansion period 2001–2007 by running budget deficits, but by 2011 had…
Seven possible nominal variables are considered as candidates to be the anchor or target for monetary policy. The context is countries in…
The article
focuses on the plan of U.S. President Barack Obama to test the
pay-for-success approach as a financing model for social…
Housing Collateral, Credit Constraints and Entrepreneurship - Evidence from a Mortgage Reform, Ramana Nanda, September 2011,…
Novelists have a better track record than economists at foretelling the future. Consider
then Gary Shteyngart’s timely comic novel “Super…
All six Republicans on the debt-reduction super committee have signed a no-new-taxes pledge, and that means the panel can only dig up extra…