bruce bartlett

Quote of the Day (with a brief analysis from the FM archives)

By / Leave a Comment / 2 June 2013

Recommended reading:   “Policy Options Dwindle as Economic Fears Grow“, New York Times, 29 August 2010 — Plus the graphics here.  Esp note this quote from Bruce Bartlett: “We’re already in a gridlock situation, and nothing substantive is going to change.  Clearly, a weak economy in 2012 will be very good for whoever the Republican presidential candidate …

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Will conservatives help cut Federal spending?

By / Leave a Comment / 15 November 2014

Summary:  Will the people on the right, aflame with deficit-cutting fervor, cut the 25 – 30%  of the government’s budget spent on defense (DoD, nukes, vets, pensions, foreign intelligence)?  Without doing so it’s unlikely the budget can be balanced, esp when interest rates normalize (easily doubling interest costs to 12% of the budget).   Some say …

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Great articles about the economy from the past week (updated with new articles)

By / 17 Comments / 14 February 2009

Here are some article I strongly recommend reading (excerpts are provided below): “California crisis by the numbers – 12, 5, 30, 2, 732, 5.5, 121“, John Chiang (Controller of the State of California), San Francisco Chronicle, 11 February 2009 “The Great Depression – Just the Facts, Ma’am“, Paul L. Kasriel, 9 February 2009 The Real …

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About the state of economic science, and advice from a famous economist

By / 16 Comments / 1 January 2015

Summary:  an economist explains the current state of the science of economics, and then Bruce Bartlett repeats to us the most-famous modern economist’s advice about a similar situation. Excerpt from a post by Prof Brad DeLong (Economics, Berekeley) at his blog Grasping Reality with Both Hands.  It is so perfect that it needs no elaboration: The problem is that economic theory …

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