The CBO’s recent projection of a federal-debt disaster rests critically on the combination of two projections:
1. Real interest rates will rise substantially, increasing the cost of debt service.
2. […]
Author: rbarbera
Exit Keynes, the Friedmanite, Enter Minsky’s Keynes
Last week Brad Delong reposted his 1996 review of A Tract on Monetary Reform. Delong makes the case, quite compellingly, that Keynes, in this book, provides us with the best […]
NYT > Business > DealBook
NYT > Business > DealBook
11 hours ago
Sorkin: Dark Money Is on the Supreme Court's DocketView More
Real GDP Revisions: A Better 2012, Front Loaded
The Q2:2013 rise for real GDP, 1.7%, was better than expected and much better than feared. The two big misses, relative to expectations, were a contribution from inventory investment and […]