The fiscal policy cycle is turning to a new phase, away from the tremendous stimulus and spending of the past five years to austerity and cuts. The decision on the fiscal cliff will set in motion the ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...
Donald Trump is trying to sell a vision to the American people. As his chaotic tariff rollout continues to prove both damaging to the U.S. economy and unpopular among voters, the president has ...
One way or another, U.S. debt will stop expanding unsustainably, but the most likely outcome is also among the most painful, according to Jeffrey Frankel, a Harvard professor and former member of ...
The answer is ‘yes’. That sounds simple enough, but in the case of the UK it is more complicated. The fact is, the UK government is implementing an unprecedented amount of fiscal austerity. Reversing ...
MILAN – In a recent set of studies, Carmen Reinhart and Kenneth Rogoff used a vast array of historical data to show that the accumulation of high levels of public (and private) debt relative to GDP ...
To understand the populist revolt against free trade and other pillars of mainstream economics—a revolt that U.S. President Donald Trump harnessed to his political ambitions with remarkable skill—one ...
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