This past November I presented a paper at the SSSR / ASREC annual meetings that looked at the relationship between the business cycle and r...

Mark Thoma had an interesting post on stabilization policy in the form of changes in tax rates. He makes the following points: (1) Changes i...

From Intrade , here is the market's wisdom on the latest probability for a U.S. recession in 2008. Note that it spiked in September, cam...

Is 'pump priming' the solution to the weakness in our economy? Does the U.S. economy need a a large policy-induced positive aggrega...

Here are several interesting pieces that lend support to the view that more liquidity--even if creatively injected through the new term acti...

Nouriel Roubini is one of the few economists to early on make the call that our current financial quagmire was a solvency crisis rather th...

Okay, it is not quite a showdown at the OK Corral, but Mark Thoma comes out swinging in a response to Justin Fox and Brad DeLong who sugges...