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The US Congressional Budget Office (CBO) has just delivered the bad news that the national debt is now rising faster than GDP and heading...
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CAMBRIDGE – Why has the US Federal Reserve’s policy of quantitative easing been so much more successful than the version of QE implemented by...
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CAMBRIDGE – The end of the year is a good time to consider the risks that lie ahead of us. There are of course...
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When I was in Chile earlier this month, I was impressed by the contrast between the palpable success of its long-standing free-market policies and...
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Janet Yellen’s speech on September 24 at the University of Massachusetts clearly indicated that she and the majority of the members of the Federal...
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CAMBRIDGE – Robert Gordon of Northwestern University has launched a lively and important debate about the future rate of economic growth in the United...
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The challenge of raising the incomes of middle-class families has emerged as an important focus of the presidential election campaign in the United States....
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The low rate of inflation in the United States is a puzzle, especially to economists who focus on the relationship between inflation and changes...
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The United States’ economy is approaching full employment and may already be there. But America’s favorable employment trend is accompanied by a substantial increase...
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Every year at this time, China’s government organizes a major conference – sponsored by the Development Research Center, the official think tank of the...