Brad DeLong on Economists (and non-economists)
…the gap. We did some, but not enough. Jobs were saved, but not enough new jobs were created. Thus, the Fed has a new proposal for a $600 billion stimulus–quantitative…
…the gap. We did some, but not enough. Jobs were saved, but not enough new jobs were created. Thus, the Fed has a new proposal for a $600 billion stimulus–quantitative…
…results of the Simpson-Bowles Social Security proposal as percentage of benefits payable to various income levels compared to ‘scheduled’ and ‘payable’ benefits. Under current projections ‘payable’ benefits after Trust Fund…
…proposal is what should be the price of gold in the new gold standard ? The 18th century gold standard system that so many people view as a free market…
…almost exactly zero and inflation is declining. Here we have Krugman academic economist (he made this exact proposal discussing Japan in the 90s). That means he is assuming rational expectations….
…rates from the Fed and loaning out at higher rates to the Feds. The second post I wrote at that point was a bit stronger: An Immodest Proposal – End…
…the Fed keeps the target federal funds rate roughly zero, that means lower medium and long term interest rates. There must be something wrong with this proposal. What ? What…
Repatriation of $ from Center on Budget and Policy Priorities reminds us from 2009: The Business Roundtable and Chamber of Commerce have proposed resurrecting, as a stimulus measure, the 2004…
…entities that made this proposal come to life. There is no better place to do this work than in the Philadelphia Navy Yard.” My mother would have agreed, but she…
…permit banks to own hedge funds–essentially a decision to allow them to continue to gamble with other people’s money. And he nixed the proposal to have the banks pay for…
by Bruce Webb Following up on the publication of CBO’s Long Term Budget Outlook (see previous two of my posts) CBO yesterday published Social Security Policy Options (Summary for Web)…