In a previous post, I compared economic outcomes in two states that implemented contrasting fiscal policies: California, which surged ahead while raising taxes and cutting spending, and Wisconsin, which lagged far behind as it slashed spending on education, and cut taxes. Latest estimates of current economic activity, and forecasted economic activity six months out, indicate continued lagging performance for Wisconsin.
Quantitative and Credit Easing vs. Forward Guidance
Domestic Impacts and Cross-Border Impacts Contrasted
Why Do Economists Blog (Policy Edition) (II)?
Six years ago, I asked this question, and noted that it was primarily economists who had served a stint in government. Still, it was a pretty rarified group; now it’s less so.
Coping with high oil prices
We’ve been seeing oil over $100 a barrel and gasoline above $3.40 a gallon for much of the last 3 years. Those prices would have shocked many Americans a few years ago, but have now become the new normal. What has changed and what hasn’t as a result?
2013Q2: Faster GDP Growth
Messages from the external and government sectors
David Brooks on What Works and What Doesn’t
Or, it would be a better world if people who pronounced on policy measures knew something about policy efficacy
Most influential economics blogs
According to Onanalytica Indexes, it looks like you’re reading one of the ten most influential economics blogs.
Two Approaches to Fiscal Policy
Consider the following graph, with both series (coincident series for economic activity) normalized to 2011M01=0.
Dispatches XXVII: An Arrest at the Capitol
The geography of success
Weak U.S. economic growth continues to be discouraging. But it’s worth taking a look at a few places where things going well for America.