A study published recently by the International Monetary Fund, "Public Investment as an Engine of Growth," examines the impact of accelerated ... [Read More]
Krugman Ignores Failed Keynesian Predictions
In his blog post yesterday, Paul Krugman claimed: “We have a pretty good model of aggregate demand, and of how monetary and ... [Read More]
Does Alan Krueger’s defense of the Obama Admin’s economic policies add up? You be the judge
Last week, I debated Alan Krueger, President Obama’s former Chairman of the Council of Economic Advisors on Bloomberg TV’s In The Loop with Betty Liu. ... [Read More]
Shouldn’t valid economic theories produce accurate forecasts?
In a series of blog posts, John Cochrane presents two graphs showing how both the Fed and CBO have continued to make significant mistakes in ... [Read More]
Recent Study Finds Minuscule Losses on AAA-Rated Tranches of Subprime Mortgages
Pervasive misunderstandings about the causes of the financial crisis have significantly slowed the economic recovery. The public mistakenly believes ... [Read More]
