Economic Policy http://www.american.com Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce. daily 1 2007-03-29T16:41:19Z Not Your Grandfather's (or Keynes’s) Economy http://www.american.com/archive/2009/november/not-your-grandfathers-or-keynes-economy The complexity of today's economy means that old-fashioned Keynesian policies will not restore full employment. No publisher Arnold Kling economic-policy 2009-11-06T22:11:45Z BernArticle Policy on Hold at the Fed http://www.american.com/archive/2009/october/policy-on-hold-at-the-fed At its upcoming meeting, the Federal Open Market Committee will likely see little reason to change its monetary policy stance since economic developments have stood very much in line with the Fed’s expectations. No publisher Desmond Lachman economic-policy 2009-10-30T22:02:32Z BernArticle From Start-up to Stop: The Recession and Entrepreneurship http://www.american.com/archive/2009/october/from-start-up-to-stop-the-recession-and-entrepreneurship I’ve taken a look at the data, and, I’m sad to report, the Great Recession has badly damaged the entrepreneurial sector of the U.S. economy. No publisher Scott Shane economic-policy 2009-10-29T23:01:45Z BernArticle When the Fed Was Boring http://www.american.com/archive/2009/october/when-the-fed-was-boring Sometimes people ask if I miss working for the Federal Reserve. Perhaps if it continues expanding its fiefdom. No publisher Vincent Reinhart economic-policy 2009-10-28T20:52:55Z BernArticle About That Stimulus: The Shovel Wasn’t Ready http://www.american.com/archive/2009/october/about-that-stimulus-the-shovel-wasnt-ready Many 'shovel-ready' projects are still tied up in administrative red tape. It is clear that the stimulus bill has done little thus far to help get workers back to work. No publisher Alex Brill and Rachel Forward economic-policy 2009-10-26T20:50:17Z BernArticle A Peek Inside the Deficit http://www.american.com/archive/2009/october/a-peek-inside-the-deficit Yes, the recession led to a shortfall in tax revenue, but the deficit is mostly a product of enormous amounts of government spending. No publisher Veronique de Rugy economic-policy 2009-10-19T21:32:37Z BernArticle Protectionism vs. the Innovation Nation http://www.american.com/archive/2009/protectionism-vs-the-innovation-nation The era of measuring national well-being by tallying how many and what kind of advanced products a country makes is long gone. No publisher Vivek Wadhwa economic-policy 2009-10-16T18:21:15Z BernArticle The Peril of Anointing a Favored Financial Few http://www.american.com/archive/2009/october/the-peril-of-anointing-a-favored-financial-few The Obama administration’s financial reform package hits the trifecta of bad policy making. No publisher Vincent R. Reinhart economic-policy 2009-10-13T21:31:14Z BernArticle Rhett Butler Comes to Washington http://www.american.com/archive/2009/october/rhett-butler-comes-to-washington It would be wise for businesses to band together to defend free-market culture and make their money from our civilization’s rise. No publisher James V. DeLong economic-policy 2009-10-13T14:43:19Z BernArticle Have We Misdiagnosed the Crisis? http://www.american.com/archive/2009/october/have-we-misdiagnosed-the-crisis What if the conventional wisdom is wrong? Some basic insights from modern macroeconomics suggest a very different interpretation of recent events. No publisher Scott Sumner economic-policy 2009-10-08T22:55:23Z BernArticle Why Milton Friedman Is Still Right http://www.american.com/archive/2009/october/why-milton-friedman-is-still-right Inflation is always and everywhere a monetary phenomenon. No publisher Jerry Bowyer economic-policy 2009-10-08T16:04:38Z BernArticle So How Is the Stimulus Working Out? http://www.american.com/archive/2009/october/so-how-is-the-stimulus-working-out As stimulus spending has increased, so has unemployment. No publisher Veronique de Rugy economic-policy 2009-10-07T20:43:37Z BernArticle Trade: The Unsung Hero http://www.american.com/archive/2009/october/trade-the-unsung-hero The GDP numbers show the vital role that trade has played in countering the nation’s economic ill health. No publisher Philip I. Levy economic-policy 2009-10-05T20:33:32Z BernArticle Making Bush Look Like a Piker http://www.american.com/archive/2009/september/making-bush-look-like-a-piker The Bush-era deficits were bad. I know. I spent eight years complaining about them. How does President Obama stack up? No publisher Veronique de Rugy economic-policy 2009-09-25T13:47:36Z BernArticle Economists Are Beginning to See the Light http://www.american.com/archive/2009/september/economists-are-beginning-to-see-the-light A small diversion into one of the tinier byways of the hugely complex international economy demonstrates the miracle of markets. No publisher Tim Worstall economic-policy 2009-09-23T13:28:53Z BernArticle