By bno - Tokyo Office Prime Minister Sanae Takaichi’s decisive election victory on February 8 has increased the likelihood of ...

Monetary Policy is implemented by the Federal Reserve Bank of the U.S. to control inflation, regulate interest rates, and support the efficient functioning of the banking system. Fiscal Policy is ...

The idea behind “fiscally-driven external rebalancing” is straightforward. If countries with external (e.g. trade) surpluses run expansionary fiscal policies, they will raise their own level of demand ...

With the National Assembly set to begin deliberations on tax laws this month, concerns are growing over a weakening tax base as tax cut bills pour in across the political spectrum. As the government ...

Following the financial crisis, many Americans had their first experiences with macroeconomic theory, as the nightly news focused on the crisis and how the government was responding. One of the core ...

Paul Krugman has a long essay in The Guardian about the follies of expansionary austerity. This is the idea that reducing government expenditure (more accurately, reducing the deficit) in a recession ...

This is an interesting little spat happening out in the econobloggingsphere, a shouting match about whether there's been austerity or not. It started with Matt Yglesias, then Angus had a go at him and ...