Archive for the ‘New Posts’ Category

For Future Reference

June 6th, 2011

I’m not predicting the downfall of modern society as we know it.  Especially for an economist, I tend to be congenitally optimistic. But if such a downfall should occur, it would not surprise me if future historians wrote about Peter Diamond withdrawing his name for a governorship at the Federal Reserve as, if not a pivotal… Read more

The Challenge of Long Term Job Growth: Two Big Hints

June 5th, 2011

Busy day tomorrow, so unlikely to post much.  Starting the day out with some early squawking—guest-hosting on CNBCs Squawk Box, 7-9am. Also giving a talk later in the day on longer term concerns re job growth, as in how can we generate enough jobs, not just in the cyclical sense, like now, but over the… Read more

Larry Mishel Speaks…I Must Listen

June 5th, 2011

Larry Mishel, the President of the Economic Policy Institute, is an old friend, mentor, and co-author (with illustrious others) of NINE editions of the book State of Working America.  You write nine books with someone, you either love each other or kill each other.  We both remain alive, so you do the math. He comments:… Read more

You Ask, I (try to) Answer

June 5th, 2011

A few more questions lifted from last weeks’s comments. In response to my post on our unmet infrastructure needs: Q: Given these needs, why didn’t Obama target the stimulus to infrastructure? A: Actually, about $100 billion of the stimulus, around 12%, went to infrastructure.  Why not more?  The rationale was that stimulus spending should get… Read more