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Wednesday, July 28, 2010

Postmortem on Waxman-Markey: The Politics of Cap-and-Trade

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As recently as 2008, the prospects for cap-and-trade climate change legislation looked good. Both major-party presidential candidates in tha...
Saturday, July 24, 2010

Will Extension of Unemployment Benefits Help or Hurt the Economy?

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On July 22, President Obama signed an extension of unemployment benefits. Benefits averaging $300 per week, normally available for a maximum...
4 comments:
Saturday, July 17, 2010

Financial Reform: Why We Need It, and Why It Might Not Work

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The Dodd-Frank financial reform act makes fundamental changes in the way the US financial industry will be regulated. It sets up a new overs...
Thursday, July 15, 2010

New Feature: Tutorials

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As part of my ongoing effort to make this blog as useful as possible to teachers of economics, I have decided from time to time to post shor...

Recent US Moves toward Trade Liberalization : Economics vs. Politics

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The Obama administration has recently announced several initiatives to promote US international trade. One is a National Export Initiative a...
Tuesday, July 6, 2010

The Breakup of the Ruble Area (1991-1993): Lessons for the Euro

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The recent problems of high-debt countries in Europe--Greece, Spain, and others--have led many observers to wonder if the euro area might br...
6 comments:
Thursday, July 1, 2010

Budget Basics (4): Why is it So Hard to Close the Budget Gap?

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Previous posts in this Budget Basics series have shown that the U.S. federal budget deficit and debt are on an unsustainable path. It is ea...