Fiscal Policy (Macro)
Bond Free? (5/12/2010)
Treasury bonds are important instruments in regulating the money supply.
Crowding-out Effect (11/2/2011)
Government deficit financing could crowd out private investment.
Deficit and Debt (11/2/2011)
Chronic budget deficits could lead to a ballooning debt/GDP ratio.
Domestic Content (5/13/2010)
Economic stimulus might end up stimulating foreign economies more than the domestic economy when the US is so dependent on imports.
Eat Your Cake Now (11/2/2011)
Who doesn't like to eat their cake and have it at the same time?
Eat Your Cake Now - cartoon transcript (6/22/2012)
Who doesn't like to eat their cake and have it at the same time?
Front Loading (5/12/2010)
Cash for clunkers and home-buyer tax credit provided huge subsidies for each incremental sale but failed to sustain the car and housing markets.
Liquidity Trap (6/17/2010)
Even with short-term interest rates close to zero, the US economy has failed to respond to cheap money because of anemic bank lending.
Shaky Union (5/12/2010)
Even though members of the European Union have no control over their domestic monetary policies, their undisciplined domestic fiscal policies can still wreak great havoc for the financial health of the Union.
The Greek Debt Tragedy (5/12/2010)
Heavily indebted Greece was taken to task by bond investors who demanded higher yield to offset higher default risk and rating agencies who threatened to downgrade its bonds.