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Home Opinion Syndicated Anatomy of the Global Economy

Anatomy of the Global Economy

Is Fiscal Stimulus Pointless?

Is Fiscal Stimulus Pointless?

The Harvard economist Robert Barro, writing in The Wall Street Journal , recently made an intelligent argument against America's fiscal stimulus. After wading through the drivel of ethics-free Republican hacks and knowledge-free academic hacks who claim, one way or another, that the basic principles of economics make it impossible for government spending decisions to alter the flow of economic activity, reading Barro comes as a great relief.

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The Fairness of Financial Rescue

The Fairness of Financial Rescue

BERKELEY - Perhaps the best way to view a financial crisis is to look at it as a collapse in the ris...

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Why Are Good Policies Bad Politics?

BERKELEY - From the day after the collapse of Lehman Brothers last year, the policies followed by th...

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Sympathy for Greenspan

BERKELEY - In the circles in which I travel, there is near-universal consensus that America's moneta...

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The Price of Inaction

BERKELEY - Are the world's governments capable of keeping the world economy out of a deep and long d...
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