Monthly Archives: June 2010

Why Was Poland the Only EU Country to Avoid Recession?

Posted on June 24, 2010 by John Taylor

Poland is the only country in the European Union which did not have a recession during 2009, as shown in this chart. And among all the OECD countries, Poland had the best real growth performance in 2009. I visited Poland … Continue reading →

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Macroeconomic Lessons from The Great Deviation

Posted on June 17, 2010 by John Taylor

Each year for the past 25 years the National Bureau of Economic Research has sponsored a conference on macroeconomics with a special emphasis on empirical research with policy relevance. The results are published in the NBER Macroeconomics Annual. Initiated by … Continue reading →

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Is an Orderly Restructuring of Greek Debt Feasible?

Posted on June 14, 2010 by John Taylor

Many economists argue that the Greek government, even with the help of the European/IMF rescue package, will eventually have to restructure its debt. Just last Friday in a Bloomberg News story Thomas Mayer, chief economist of Deutsche Bank, said this … Continue reading →

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Teaching What Is Exciting, Wonderful, and Fun…at All Levels

Posted on June 11, 2010 by John Taylor

People often ask me what it’s like to teach both introductory economics courses and Ph.D. level economics courses in the same academic year, which I have done regularly for many years at Stanford including this year. The courses are at … Continue reading →

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Is the G20 Starting to Get Back on Track?

Posted on June 8, 2010 by John Taylor

This past weekend’s meeting of the G20 finance ministers and central bank governors in Korea ended with a rejection of calls for more fiscal stimulus. This is a marked change from their meeting held just over a month ago in … Continue reading →

Posted in International Economics | Comments Off on Is the G20 Starting to Get Back on Track?