Fiscal Theory

Displaying 81 - 90 of 249
Nick Ottens

Britain's government workers should man up and accept that the free ride is over.

Frank Shostak

Bernanke and other experts believe that it is possible to bring inflationary expectations to a state of equilibrium.

Robert P. Murphy

Dean Baker — prominent Keynesian pundit and codirector of the Center for Economic and Policy Research — testified that the dollar's fall was inevitable, and even a good thing in light of the US trade deficit. At the time, I knew I disagreed with Baker, but I didn't get a chance to explain why.

Frank Shostak

Once Fed policy makers freeze the balance sheet of the US central bank, the growth momentum of the money supply will slow down.

Robert P. Murphy

The problem with government budget deficits is not merely that they (typically) lead to higher interest rates and thus reduce private-sector investment and consumption spending.

Robert Blumen
Inflation or deflation? Dow 1,000 or wheelbarrow money?
Robert P. Murphy

If Bernanke has to choose between saving rich bankers or the dollar, I am confident he will choose the former. We have good reason to expect rising prices and no dramatic efforts to reverse course.

Robert P. Murphy

The issue is whether current tax rates — which had been in place since 2003 — would stay the same, or whether they would go up in 2011. From this perspective, then, this has been a debate over a tax hike, not a tax cut.