If the Bush tax cuts all lapsed?
Some Speculation Regarding Asian-American Voting Patterns in 2012
Noahpinion asks: “[W]hy did Asian-Americans break so strongly for Obama? I provide my (slightly different) answer.
Peak oil
I offer some observations on exhaustible resources and economic growth in the latest issue of the UCSD Economics Newsletter.
What’s Up with Wisconsin Employment?
Civilian employment in Wisconsin is less than it was when Governor Walker took office in January 2011. In contrast, US employment is almost 3% higher.
Calculated Risk
Business Insider has a very nice interview with Bill McBride, in which Bill explains why he is more optimistic about the economy than many others. And yes, the praise of Bill is all well deserved.
Guest Contribution: “China’s Transition: Three Scenarios”
Today, we are fortunate to have a guest contribution written by Phillip Swagel, Professor in International Economic Policy at University of Maryland’s School of Public Policy, and formerly Assistant Secretary for Economic Policy at the Treasury Department (December 2006 to January 2009).
Europe in recession
The Business Cycle Dating Committee of the Centre for Economic Policy Research (the European counterpart of the U.S. NBER) last week
issued a declaration that Europe entered a new recession a year ago, dating the business cycle peak at 2011:Q3.
CBO: “What Accounts for the Slow Growth of the Economy After the Recession?”
“CBO estimates that about two-thirds of the difference between the growth in real GDP in the current recovery and the average for other recoveries can be attributed to sluggish growth in potential GDP.”
Guest Contribution: Gridlock in Europe
The Rise and Fall of the IMF’s Reputation
Today we are fortunate to have as a guest contributor Joseph Joyce, Professor of Economics at Wellesley College, and author of the new book, The IMF and Global Financial Crises: Phoenix Rising? (Cambridge University Press).
The Republican Joint Economic Committee Does Public Finance
Or, “Just because you can’t prove that the top marginal tax rate has a large impact on economic growth doesn’t mean that it doesn’t: just have faith!”