by Henry Oliner | Jun 4, 2023 | Economics
From The Wall Street Journal, by Scott Patterson, 6/2/23, When Markets Melt Down, These Traders Cash In, Market crashes. Pandemics. Terrorist attacks. Riots. Megafires. Superstorms. Extreme, destructive, often deadly events seem to be happening across the planet with...
by Henry Oliner | Jan 8, 2023 | Economics
Deficit spending is stimulative to economic growth: raising taxes on business and higher interest rates are a disincentive to economic growth. Doing both at the same time is incoherent and a recipe for stagnation. If there is a tradeoff between a recession and...
by Henry Oliner | Sep 1, 2011 | Economics
I find books like Tyler Cowen’s The Great Stagnation to be refreshing and valuable not because they are right or wrong but because they offer a different perspective that what we are commonly fed. Much of our policy from both sides is an opinion of how to return to a...
by Henry Oliner | Aug 10, 2011 | Business
Despite this constant free flow of information … we are caught unaware as one crisis after another devastates the financial markets. The temptation is to think that information and openness will enable us to risk and eliminate market crisis. As plausible as this...
by Henry Oliner | Jul 30, 2011 | Politics
As a result of the depressed economy the difference in income between whites and minorities have widened. While the most shrill will find this to be clear testament to the inherent racism in the GOP, the reality is that both Republicans and Democrats want and need a...
