Tag Archives: Glenn Hubbard

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

WSJ op-ed board member: The unemployed prefer sitting on their duffs to working

Writing in today’s Wall Street Journal, WSJ op-ed board member Stephen Moore offers a variety of dubious–and at least one outrageous–opinion on the economy and eocnomic policy. (1) The economy would be in better shape today in the absence of … Continue reading

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

Glenn Hubbard is half right

Writing in today’s Financial Times, Glenn Hubbard argues–correctly–that the debate over the debt ceiling in Washington is misplaced. Rather than focus on the debt ceiling, he suggests that Congress and the Administration ought to consider the deficit. Or, as he … Continue reading

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