N. Gregory Mankiw, a Harvard economist, in a piece titled “Crisis Economics” at National Affairs concerning the reliance on Keneysian economic theories by the Obama administration while administering economic stimulus (and its current insistence on yet more stimulus cash being thrown in to the economy): The administration’s second assumption, meanwhile, is a matter of academic […]

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For those who might argue that President Obama isn’t a progressive ideologue. The Wall Street Journal: Economists who say Mr. Obama should have relied more on tax cuts cite research of an unlikely source: Ms. Romer, his adviser. In a study she and her husband, David Romer, conducted before she joined the administration, Ms. Romer […]

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Howard Schneider via The Washington Post on the IMF’s first ever economic analysis of America’s slowing economic recovery: The Obama administration is overestimating U.S. economic growth and needs to reduce its budget deficit far more aggressively, the International Monetary Fund said on Thursday in a report that targeted Social Security, the home mortgage interest deduction […]

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