Tag Archives: Barack Obama

Clean air….hot air

Read my latest Oxford University Press blog post on the GOP presidential candidates and environmental regulation.

Posted in Economic policy | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

A Blatant Misuse of History

Writing nearly 40 years ago, historian Ernest R. May warned of the dangers of misusing history for policy purposes.  May was primarily concerned that policy makers drew the wrong lessons from the past. In their opinion piece in yesterday’s Wall … Continue reading

Posted in Financial Crisis, government budget, monetary policy, subprime crisis | Tagged , , , , , , , , | 5 Comments

Don’t blame the messenger

In case you have been asleep for the last couple of days, the sovereign debt rating of the United States was downgraded on Friday has been downgraded by the Standard and Poor’s (S&P) from AAA to AA+. This has not … Continue reading

Posted in Financial Crisis, government budget | Tagged , , , , | Leave a comment