CONVERSABLE ECONOMIST

Should governments set rules to constrain the size of government borrowing on an annual basis or government debt accumulated over time? Pier...

Economists have written about topics that we would now classify under the headings of "microeocnomics" or "macroeconomics&quo...

For economists, "automatic stabilizers" refers to how tax and spending policies adjust without any additional legislative policy o...

For economists, the idea of "spending" time isn't a metaphor. You can spend any resource, not just money. Among all the inequa...

It often takes a number of intermediate steps to move from a scientific discovery to a consumer product. A few decades ago, many larger and ...

For a long time, the Federal Reserve (and other central banks) carried out monetary policy with little or no explanation. The idea was that ...

Alice Rivlin, who died yesterday, was a legend in the Washington policy community. In "Alice Rivlin: A career spent making better publi...