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Economic Policy

Big picture coverage of macroeconomics, political economy, and governments' roles in world commerce.
A Sound Dollar is the Key to Recovery John L. Chapman 10/27/2008
Without it, we will be facing stagflation.
America Has a Highly Progressive Tax System Duncan Currie 10/24/2008
The top income earners now shoulder far more of the federal tax burden than they did in the early 1980s.
Panics and Politics John Steele Gordon 10/22/2008
How often have U.S. financial crises been followed by major political realignments?
A New Era for Global Banking Desmond Lachman 10/20/2008
When the dust settles on today’s crisis, the world will find itself with a radically changed financial system.
Dollars and Sense Duncan Currie 10/17/2008
What would the McCain and Obama tax plans mean for the capital stock, economic growth, and effective marginal rates?
A Bill That Deserved to Pass Vincent R. Reinhart 10/06/2008
Henry Paulson has been granted broad authority to purchase troubled assets. Now it’s time for him to buy, buy, buy.
Does This Happen Often? John Steele Gordon 10/06/2008
A look back at the financial crisis of 1836, which triggered America’s first protracted depression.
Main Street vs. Wall Street Arnold Kling 10/03/2008
The financial bailout isn’t as bad as Main Street thinks. It’s worse.
A Bill That Deserves to Fail Diana Furchtgott-Roth 10/02/2008
The pending bailout legislation does not offer realistic solutions to our current financial problems.
The $700 Billion Man: A Symposium THE AMERICAN 09/25/2008
What should we make of the proposed government bank bailout?