From Marketplace, an interview with Ben Carson:
Category Archives: deficits
Reflections on Ten Years: Deficits, the Financial Crisis, Textbook Economics and Data Paranoia
Last Saturday marked ten years I’ve had the honor of contributing to Econbrowser, at the generous invitation of Jim Hamilton (here are his thoughts on ten years of Econbrowser). What follows are some thoughts on what I’ve learned during that time.
Greece: Is Internal Devaluation Enough?
Even if Greek Prime Minister Tsipras is able to maneuver the new agreement through the parliament [0], it’s not clear to me that — even with the aid and reprofiling of debt — Greece will resume growth (see discussion O’Brien/Wonkblog). That’s true even though there has been noticeable adjustment in production costs in Greece.
Possible scenarios for Greece
It’s very clear that two things have to happen from here. First, Greece needs relief from its mountain of debt, and second, the country needs to find a way to become more competitive economically.
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Anil Kashyap on the Greek crisis
University of Chicago Professor Anil Kashyap has a helpful summary of the Greek financial crisis.
Renegotiating Greece’s debt
Here are my thoughts on options for handling Greece’s debt.
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The bailouts of 2007-2009
The latest issue of the Journal of Economic Perspectives had a very interesting symposium on the costs and benefits of the various bailouts implemented during the Great Recession.
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Kansas Short Term Economic Outlook: Not So Great
Here’s the Philadelphia Fed’s revamped coincident index and the six month forecast for Kansas economic activity.
Some Implications of the Dollar’s Rise
Currency appreciation will be a drag; this implies a policy of slower monetary tightening is in order
Is the United States Protected from the European Debt Crisis?
For those of you in San Diego I wanted to call attention to a roundtable discussion this Friday March 6 on some of the ongoing concerns about European sovereign debt. I’ll be appearing along with Jeffrey Frieden from Harvard (who will be quite familiar to regular readers of Econbrowser) and David Leblang of the University of Virginia. Details on how to register for the event can be found here.