The latest CBO forecasts show lower interest rates, a lower debt-GDP ratio, and no crowd-out: a reminder to check economic assumptions and a recipe for increased public spending.  Earlier this week, the Congressional Budget Office (CBO) released its Budget and Economic Outlook for the next decade. The numbers that have gotten the most attention are

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Vox published an excellent discussion with economist Brad Delong where he makes the argument on why left-leaning neoliberals (who “use market means to social democratic ends when they are more effective, and they often are”) should be comfortable with the “baton rightly pass[ing] to our colleagues on our left. We are still here, but it

It has been ten years since the financial crisis dealt the biggest blow to the world economy since the Great Depression. While growth has returned, and the jobmarket  has by now tightened—especially in the United States, where the crisis originated—the reverberations of the crisis continue to affect us in ways both large and small, both obvious

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