This is a critical moment for economic policy in the industrialized countries. After a year and a half of emergency rescue, with large fisc...

Daniel Cooper of the Boston Fed has posted a summary of his recent study of household consumption and its relationship to home equity extra...

Not content to keep the tyrannical hands of government off Medicare, the Tea Party now wants to keep the private spending decisions of consu...

Across the industrialized world, governments have responded to the economic crisis by running enormous fiscal deficits, rediscovering a deep...

Today's Washington Post metro section reports in "U-Va begins court fight of subpoena by Cuccinelli" that initially their Boar...

Real state and local government purchases (2005$) had fallen from $1543.7 billion per year as of 2007QIV to $1537 billion per year as of 200...

If you read Mark Thoma's blog, you will have seen his passionate response, called "Modern Macroeconomic Theory and Fiscal Policy...

A column in today's Washington Post by Ruth Marcus reports such an incredible quotation from Sarah Palin, that I am simply going to repr...

This time it was in today's Washington Post Outlook section, although, well, it was a column by the president of the American Enterprise...

The New York Times , supposedly the reliable voice of bleeding-heart liberalism, has repeatedly attacked European welfare state institutions...

Out of FireDogLake comes a new report that the Deficit Commission Obama set up is getting ready to carve out hunks of Social Security, perh...

So, Rand Paul has just denounced Barack Obama as being "un-American" (do we need a special House committee for this?), for critici...

Rand Paul says he would have voted for the 1964 Civil Rights Act but he would have preferred that Title II not be included. Now it is not s...

According to this morning’s New York Times , British Petroleum, with apparent cooperation from the US government, is making an all-out effor...

While I think Jan Brewer – Arizona’s governor – should be made to pay for signing into law SB1070, the horrific immigration law, her support...