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Beware Claims of a Golden Age in Our EconomyWe cannot go back, and are naïve to want to do so.

A Reunion of VeteransIt is no secret that military service in the U.S. has long been a family business.

Monopsony Problems Get Hearing in CongressSummary: Firms mistake the presence of monopsony power for a labor shortage.

Indiana’s Human Capital Policies Are Causing Brain Drain and Weakening Our EconomyThe nation may not slip into recession, but Indiana now has.

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Commentaries tagged with stimulus

November 6, 2016	Macroeconomics in Crisis?Government spending and monetary policy have focused on the wrong things.
June 30, 2013	The Fed and Economic TheoryPolitical folklore has it that economists are infamously divided between explanations for the cause of the boom-and-bust cycle.
March 31, 2013	A Policy ShiftIn the early days of the recession, there were two competing arguments about policy.
September 19, 2011	The Efficacy of the American Jobs ActPresident Obama’s proposed American Jobs Act strikes as fair an attempt at stimulating the economy as is now possible. Whether or not it is good policy or will work is another question.
November 8, 2010	The Season of Quantitative EasingThe problem is that the resistance of banks to lending is not a monetary problem.
October 18, 2010	Why the Stimulus Didn’t Stimulate Enough. . . the stimulus kept the unemployment rate from rising to about 12 percent at a cost of $225,000 per job.
July 12, 2010	A Modest Proposal: The SUN Tax of 2010The SUN Tax would fix all our debt problems, with only a few modifications.
February 1, 2010	Economic Stimulus StrugglingWe need to resist the siren song of more Federal stimulus that we cannot spend in time.
December 28, 2009	Reducing Deficit Imperative for National ProsperityThe average American family is, healthier, wealthier and hopefully wiser now than when the decade started.
September 28, 2009	Stimulus Not Offsetting Job LossesThe concern is not how many jobs have been created, but how few.
September 14, 2009	Post-Recession Policies Matter More than TheoryThe types of fiscal stimulus Congress passed earlier this year fell from favor not because of economic theory, but rather because they rarely work well.
August 10, 2009	State Fair is Fun Stimulus PlanThe spending at the Fair last year led to more than $63 million in total economic activity.
July 20, 2009	Stimulus Plan must Work Now - or NeverIt is going to take federal, state and local governments a full two or more years to spend this amount of money.
April 6, 2009	Youth Program May Grow a Shared Sense of Unity and PurposeThose of us with relatives who lived through the Depression recall their stories of shared sacrifice and later triumph – today just feels different.
March 9, 2009	Balanced Equation Needed for Economic RecoveryIf the velocity of money shrinks further, it is likely the recession will deepen.
February 16, 2009	Stimulus Too Big to Spend this YearState and Federal governments simply cannot spend that much money this year.
February 2, 2009	Proposed Fiscal Stimulus Package has CostsThe package stimulates the economy by spending today what might otherwise be spent in the future.
January 12, 2009	Speed is Critical to Stimulus PlanFor a stimulus package to have an effect, it has to create jobs immediately.
February 18, 2008	The Risky Fed Chairman“It isn't surprising that this fiscal stimulus package passed in an election year. What is surprising is that it passed with the whole hearted backing of Federal Reserve Chairman Ben Bernanke .... .”

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