Martin Feldstein
Avoiding a New American Recession
CAMBRIDGE – The United States may be headed for a recession in 2013. Even if the country avoids going over the “fiscal cliff,” a poorly desi…
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On January 1, 2013, the US is set to fall over the “fiscal cliff,” with automatic tax increases and spending cuts taking effect unless Congress and President Barack Obama can agree on an alternative package of budget reforms. Will the world’s largest economy slide into recession as a result? What should US fiscal reforms look like?
Fiscal Cliff Notes
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J. Bradford DeLong
America’s Political Recession
BERKELEY – The odds are now about 36% that the United States will be in a recession next year. The reason is entirely political: partisan po…
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Laura Tyson
Inside America’s Tax Battle
BERKELEY – America’s recent presidential election answered the question of whether an increase in revenues will be part of the country’s lon…
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Simon Johnson
America’s Fiscal Cliff Dwellers
WASHINGTON, DC – In early 2012, Federal Reserve Chairman Ben Bernanke used the term “fiscal cliff” to grab the attention of lawmakers and th…
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Jeffrey Frankel
Four Magic Tricks for Fiscal Conservatives
CAMBRIDGE – The United States is famous for its ability to innovate. Aspiring fiscal conservatives around the world thus might be interested…
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Mohamed A. El-Erian
Gaming US Fiscal Reform
NEWPORT BEACH – It sounded like a really clever idea: Use a very public and sizeable threat to get bickering politicians to collaborate and …
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Martin Feldstein
Fixing America’s Fiscal Problem
CAMBRIDGE – With America’s elections less than six weeks away, it is time to think seriously about what will be done afterwards to deal with…
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Joseph E. Stiglitz
Mitt Romney’s Fair Share
NEW YORK – Mitt Romney’s income taxes have become a major issue in the American presidential campaign. Is this just petty politics, or does …
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Simon Johnson
America’s Exceptional Fiscal Conservatism
WASHINGTON, DC – In most countries, to be “fiscally conservative” means to worry a great deal about the budget deficit and debt levels – and…
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Jeffrey Frankel
The First World’s Fiscal Follies
CAMBRIDGE – The world’s advanced economies remain divided over whether to strengthen budget balances in the short term or to use fiscal poli…
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