Across European capitals and in Washington DC, economic policymakers are becoming increasingly concerned about the potential for another recession and are considering which monetary and fiscal policy instruments might be used to prevent it. Studying more than 60 years of economic cycles, Eddie Gerba finds that the ‘real’ economy has become inextricably linked to the financial economy in the […]
Over the past few years, the Fed has been blamed for fuelling the post-2001 financial market boom by maintaining record-low interest rates and ignoring the developments on the stock market. But, should central bankers really care about stock market swings when there is so much uncertainty and noise involved? Eddie Gerba returns to this pre-crisis debate and re-examines the […]
Both fiscal and monetary authorities have engaged in ‘unconventional’ policies over the past few years in order to bring the Great Recession under control. But, have these actions been intentionally coordinated, and what has been their economic impact? More fundamentally, has there ever been a systematic or regular coordination between fiscal and monetary policy in the US? Eddie Gerba […]
Streetcars and light rail services serve different rider markets in American cities.
What Happened?: Florida has already sounded a 2024 warning for Joe Biden
Book Review: Welcoming New Americans? Local Governments and Immigrant Incorporation by Abigail Fisher Williamson
Trump’s $12 billion farm subsidies are a solution to a political problem of his own making
Ayşe Işın Kirenci reviews The New Age of Empire: How Colonialism and Racism Still Rule the World by Kehinde Andrews
Matt Bluemink reviews What Do We Know and What Should We Do About Fake News? by Nick Anstead
Kyle Scott reviews Meddling in the Ballot Box: The Causes and Effects of Partisan Electoral Interventions by Dov H. Levin 
0 | Unique Visitors |
Gallery
Gallery
The Fed’s rate rise may not provide enough of a boost to the financial sector to allow the US recovery to take off.
The Fed’s rate rise may not provide enough of a boost to the financial sector to allow the US recovery to take off.
Last week, the US Federal Reserve announced that it would increase its Fund Rate by 0.25 percent – the first such increase in nine years. Eddie Gerba writes that under normal economic conditions such an interest rate rise would help savers, lead to more balanced investments, and help firm productivity. But, he points out, conditions post-Great Recession are far […]