A bit of history I only recently learned.
Is a 12 Step Program Needed for Policymaking in Washington?
Ethanol subsidies
Why do Americans love their ethanol so much?
Guest column from John Taylor on Milton Friedman
Econbrowser is pleased to host these remarks from Stanford Professor John Taylor, which were delivered at the memorial service held at Hoover Institution and Stanford University on January 22.
New takes on the New Deal
There’s a really interesting Econoblog this week featuring Arnold Kling and Brad DeLong. Unlike the slugfest between
Menzie and
Kash, there are actually some profound disagreements between these two.
A Race between Inflows and the Deficit
From today’s Reuters:
How to balance the Federal budget, Bush style
First, assume away expenses…
Manufacturing, Tradables, and Trade Adjustment
In his preview of the 2007 Economic Report of the President, CEA Chair Ed Lazear presented the argument that manufacturing output is still growing.
GM and Ford down, Toyota and Nissan up
Stop me if you think you’ve heard this one before.
Trends in exports and imports
The NIPA release of January 31 contained a couple of surprises, including on the international front. The external accounts did provide a bit of a kick on growth, as shown in Jim Hamilton’s post.