Numbers

Not Your Grandfather's (or Keynes’s) Economy Arnold Kling 11/07/2009

The complexity of today's economy means that old-fashioned Keynesian policies will not restore full employment.

About That Stimulus: The Shovel Wasn’t Ready Alex Brill and Rachel Forward 10/27/2009

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.

A Peek Inside the Deficit Veronique de Rugy 10/20/2009

Yes, the recession led to a shortfall in tax revenue, but the deficit is mostly a product of enormous amounts of government spending.

How Different Is Grandma’s Spending? Andrew G. Biggs 10/17/2009

The inflation seniors experience is far more similar to that felt by other Americans than it is different.

Have We Misdiagnosed the Crisis? Scott Sumner 10/09/2009

What if the conventional wisdom is wrong? Some basic insights from modern macroeconomics suggest a very different interpretation of recent events.

Why Milton Friedman Is Still Right Jerry Bowyer 10/08/2009

Inflation is always and everywhere a monetary phenomenon.

So How Is the Stimulus Working Out? Veronique de Rugy 10/07/2009

As stimulus spending has increased, so has unemployment.

Trade: The Unsung Hero Philip I. Levy 10/06/2009

The GDP numbers show the vital role that trade has played in countering the nation’s economic ill health.

Making Bush Look Like a Piker Veronique de Rugy 09/30/2009

The Bush-era deficits were bad. I know. I spent eight years complaining about them. How does President Obama stack up?

An Immigration Tipping Point? Michael Barone 09/29/2009

The U.S. Census Bureau’s recent announcement on the nation’s foreign-born percentage of the population may prove a landmark in American demographic history.