…U.S. government is not facing a fiscal crisis. In any common sense meaning of the term “fiscal crisis,” we would be referring to the government’s inability to make its forthcoming…

…for re-election, will Bush act more fiscally responsible in a second term? Wishful thinking. This crowd literally doesn’t have a clue when it comes to fiscal matters. Bush actually believes…

A Kennedy-Reagan-Trump Fiscal Policy? Heather Long reports that the White House economists have no clue about the history of U.S. fiscal policy: President Trump’s policies are driving an economic turnaround…

…the right to set the tone of the dialogue by letting them label the current situation. We aren’t facing a “fiscal cliff”, he notes, but rather an “austerity bomb”. [The…

…so, if the nominal interest rate is zero, the optimal fiscal stimulus should drive unemployment all of the way to the natural rate. Krugman’s model is a simple inter-temporal model…

…hope that Bush would pursue fiscal restraint, but we see no evidence of any plans to do so. Since my own posts on fiscal policy have played on the Mundell-Fleming…

…not on the bankruptcy path that economists were talking about when Reagan initiated his 1981 fiscal fiasco. Tax rates were massively cut and defense spending spiked and had this fiscal…

…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…

…high cost of American health care. I begin by explaining the origin and meaning of the “single payer” label. I will then describe the two defects in S 1129 in…

…protects the public from food-borne illnesses. It issues nutritional advice and drug labeling guidelines. It polices false medical claims on packaging and in advertisements. It safeguards about one in every…