The economic coverage in the New York Times can be really rather confusing at times. Because sometimes they're able to explain the basic ideas really rather well. For example, today they tell us about ...
Stimulus is supposed to be the key to recovery, and governments around the world are embracing it as never before. But a long-forgotten theory dating back almost 200 years is increasingly weighing on ...
The notion of a reverse Ricardian-equivalence is in play again today following news that U.K.’s economy grew at a 0.8 percent pace in the third quarter, double the consensus forecast (a ...
Paul Krugman has a nice piece today looking at pieces of economic theorising which most certainly used to be true but which probably aren't now. No, it's not that our answers to the economic questions ...
Stimulus is supposed to be the key to recovery, and governments around the world are embracing it as never before. But a long-forgotten theory dating back almost 200 years is increasingly weighing on ...
John Maynard Keynes could certainly craft a neat phrase. In the Second World War, he wrote in his pamphlet How to Pay for the War: “It is only in a free community that the task of government is ...
This paper looks at theoretical and empirical issues associated with the operation of fiscal stabilisers within an economy. It argues that such stabilisers operate most effectively at a national, ...
News that we have entered a technical recession will come as no surprise to anyone who has even a passing acquaintance with the British economy. But what is less well understood is how personal ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Faced with the biggest cuts to government budgets in generations, the British response is not to make do and ...
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