Brett Barkely writing in Econ Journal Watch: Large budget deficits represent a burden on the future, and debt accumulation eventually poses great problems. Economists writing for the public can either highlight such truths, neglect the issue, or try to allay worries or excuse or justify large budget deficits (as anti-recession policy, for example). Economists affiliated … Continue reading Too Obvious to be True?
I have three improbable book recommendations for weekend reading, and one book I recommend passing on. The three "ups" I received as gifts, and I must admit I was not hopeful given their rather unpromising titles. I am happy to report I was pleasantly surprised. (A disclaimer: as with every book recommendation I make, I … Continue reading Three Up, One Down