Monthly Archives: December 2015
Listen to the Economic Experts
Each year I look forward to reading the Annual Report of the President’s Council of Economic Advisers which endeavors to explain the economy and policy from the perspective of the current Administration; my interest may have been piqued from working … Continue reading
Posted in Monetary Policy
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Ideas and Action: A Rules-Based Deal for the IMF
Several months ago in Congressional testimony, in a Wall Street Journal article, in meetings with public officials, and in a post on Economics One, I suggested the idea that “There is room for a deal” on an important IMF reform that … Continue reading
Posted in International Economics
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Learning from Experiences in International Economic Policy
Last week we had a wonderful symposium in celebration of George Shultz’s 95th birthday. Many of George’s friends and colleagues spoke on the theme “Learning from Experience” in economic policy, security policy, social cohesion, and politics. For my part, I spoke of … Continue reading
Posted in International Economics
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Two Good Doses of Basic Economics
The Wall Street Journal asked, 50 “friends–from Gillian Anderson to Nell Zink–to name their favorite books of 2015.” I named two and here’s why: At a time when many politicians, academics and media commentators are focusing on income inequality, Thomas Sowell’s “Wealth, … Continue reading
Posted in Teaching Economics
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Economics One 