Many of the economic reforms under discussion now, including the fiscal stimulus and infrastructure spending, were central in the original New Deal package. But as Amity Shlaes argues in this New York Post op-ed, many of these reforms didn't work well then, and some failed outright.
The White House and Congress are currently working on an economic stimulus package to boost the U.S. economy. In this Bloomberg article, Amity Shlaes looks at short-term economic measures in a historical context and argues that tinkering with the economy may not be the best idea.
Following the financial mayhem of 2008, world policymakers are planning an ambitious program of economic stimulus spending for 2009. Economists say the success of these measures will rely on timely, targeted implementation, and temporary mandates.
Doulgas Holtz-Eakin testifies on the possibility of incroproting dynamic estimation into the analysis of legislative proposals in order to measure the macroecomic impacts of spending and tax legislation.
The Palestinian Authority is in a budget crunch after Hamas, a group listed as a terrorist organization by both the European Union and the United States, won January's elections, yet refused to renounce violence or recognize Israel. This prompted a suspension of hundreds of millions of dollars in aid payments. Iran and Arab countries vow to make up the difference, but experts question the reliability of such pledges.
Two decades ago, the United States was the world's largest creditor; now it's the world's largest debtor. As Ben Bernanke assumes the post of Federal Reserve chairman, succeeding Alan Greenspan, opinion is split over how much America's profligacy actually matters.
Twenty years ago, the United States was the world’s largest creditor nation, unsurpassed in its ownership of assets outside of its borders, even after deducting what foreigners owned inside its borders. Yet over the past two decades, America has been transformed into the world’s largest debtor nation.
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The authors argue that it is essential to begin working now to expand and establish rules and norms governing armed drones, thereby creating standards of behavior that other countries will be more likely to follow.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.
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