Archive for the ‘Recession/Stimulus’ Category

Getting ready for the next recession–Summers and beyond

December 7th, 2015

Larry Summers has a piece worth reading in today’s WaPo called “Preparing for the next recession.” I liked it, in terms of convincingly arguing the limits of the Fed, but beyond that, there’s wasn’t a lot in terms of actually…you know…preparing for the next downturn – other than his closing sentence that the issue “…demands… Read more

The next recession is out there somewhere. Meanwhile, we’ve got other problems.

October 25th, 2015

So Ylan Mui warns that a recession is out there somewhere, and we’re getting closer to it every day. That is, by definition, true. And while she garners some data to make the case, one can find data on both sides of the issue. Generally speaking, economists cannot predict recessions. Back in the mid-2000s, Dean… Read more

Lessons from the last downturn for the next one.

October 16th, 2015

Courtesy of economists Alan Blinder and Mark Zandi, here is the latest paper from our full employment project at CBPP. B&Z take the most thorough look at the full spate of interventions -fiscal, monetary, financial-we threw at the Great Recession. Here’s my summary over at WaPo and here’s some of their intro: The massive and… Read more