Obama’s First Fifteen Months, Composite Edition
…Alan Kreuger, Christina Romer, and even Lawrence H. Summers working with them. Any one of those four—let alone all of them, often in the same room, if not always the…
…Alan Kreuger, Christina Romer, and even Lawrence H. Summers working with them. Any one of those four—let alone all of them, often in the same room, if not always the…
…Keynesian economics from an introductory economics textbook. Unlike real Keynesians they do not understand trade deficits. For example, Obama’s primary economic advisors Lawrence Summers and Timothy Geithner think that one…
…Leonhardt finally gets to a positive: The two leading candidates for Mr. Obama’s Treasury secretary — Timothy Geithner and Lawrence Summers — seem likely to be more aggressive than Henry…
…could say the same about regulation — is like asking a man to wear the same clothes he wore when he was a boy.’” “Levitt’s thoughts: ‘In fairness, while Summers…
…the US Treasury bearing risk. This can be efficient given its unique risk bearing capacity. But another issue is dynamic consistency again. As noted by Schliefer and Summers, the possibility…
…represents outward foreign direct investment (FDI), and thus in this story is also responsible for the disappearance of manufacturing jobs. Moreover, Lawrence Summers of Harvard has pointed out that firms…
…were in 2008. He argues that this probably shows a genuine long run damaging effect of the great recession (following Ball,Fatas, & Summers (listed in alphabetical order)). Following Blanchard and…
…industrial policy designed to revive American manufacturing. This has caused consternation among some of my former colleagues from the Clinton and Obama administrations. For example, former Treasury Secretary Lawrence Summers…
…spend their summers away from the heat and dirt of bustling Pittsburgh. Ruff owned an abandoned reservoir on Pennsylvania’s Little Conemaugh River in southwestern Pennsylvania. The reservoir had been created…
…are further from the (near) zero lower bound. DeLong and Summers made this point in the 90s . AEA President and former IMF head economist OJ Blanchard made it in…