Pages

▼
Monday, August 29, 2011

How Germany Free-Rides on the Euro

›
For years, I have warned my European students of the fiscal free-rider problem built into the structure of the euro area. My examples have...
Saturday, August 27, 2011

Already Weak, US GDP Growth in Q2 2011 is Revised Downward

›
U.S. GDP growth for the second quarter of 2011 was revised downward to a 1 percent annual rate from the 1.3 percent advance estimate reporte...
Thursday, August 18, 2011

Why Rick Perry's Position on Climate Change Makes Him a True Conservative

›
Rick Perry is a climate-change skeptic. Sure, he says, the world is getting warmer, but the climate has often changed. He doesn't buy in...
Monday, August 8, 2011

US Employment-Population Ratio Hits a New Low: Why It Matters for the Budget Debate

›
By and large, U.S. media have spun the July employment report as more positive than negative. The 117,000 new payroll jobs created last mon...
Friday, August 5, 2011

Data for the Classroom: US Labor Market Shows Slight Improvement in July

›
The U.S. labor market showed a slight improvement in July, if only in comparison to the very dismal June numbers. The closely-watched figu...
Tuesday, August 2, 2011

Data for the Classroom: Weak Q2 GDP Growth, Downward Revisions

›
It is hard to find a good way to spin the latest US GDP data. The economy grew at an estimated 1.3% annual rate in Q2 2011. Although the Jan...
Sunday, July 31, 2011

How Smart Fiscal Rules Keep Sweden's Budget in Balance

›
Almost three decades ago, Herbert Stein, the former Chairman of Nixon's Council of Economic Advisors, lamented that the United States...