fiscal policy
Should governments ever decide to start deleveraging, how could they do it?
To be “as rich as an Argentine” was once a common aspiration. What happened?
Demand destruction does not guarantee disinflation.
"The economic problem now is to control inflation and get to work on the supply side of the economy."
John H. Cochrane and Thomas S. Coleman discuss how the fiscal theory of the price level explains inflation.
How has the consensus among economists on such issues as deficit spending and population growth shifted over the decades?
Rob Arnott, Joyce Chang, and Louis-Vincent Gave offer their perspectives on the policy landscape and its implications for investment strategy.
Austerity, mutualization, monetization, or some combination thereof? What path will Europe take?
Powerful new instruments have to be created to revive a flagging eurozone economy.
For everyone who has not read the Republican tax legislation in full, Joachim Klement, CFA, provides a concise summary of its costs and benefits in one chart.