Featured work
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Recommendations for creating jobs and economic security in the U.S.: Making sense of debates about full employment, public investment, and public job creation
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The bottom line on Trump and the economy: We’re not in good hands
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The potential macroeconomic benefits from increasing infrastructure investment
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The “wage puzzle” is real—but low inflation and low productivity are also puzzles that need to be solved
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Recommendations for creating jobs and economic security in the U.S.: Making sense of debates about full employment, public investment, and public job creation
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No, the stock market isn’t throwing a tantrum because the economy is “overstimulated”
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The bottom line on Trump and the economy: We’re not in good hands
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Lessons from today’s GDP report: Long-expected rebound in productivity finally seems to be happening, and no reason for Fed to raise rates in their next meeting
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What is the ideal mix of federal, state, and local government investment in infrastructure?
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The potential macroeconomic benefits from increasing infrastructure investment
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Is 2 percent too low?: Rethinking the Fed’s arbitrary inflation target to avoid another Great Recession
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Growth falters in the first quarter
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The economy will continue to improve, as long as policymakers don’t thwart its progress
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Economy continues steady but slow growth with 1.9 percent expansion in last quarter of 2016
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Already a big gap between Trump’s promises to the middle class and his policies
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Why is recovery taking so long—and who’s to blame?
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Worst recovery in postwar era largely explained by cuts in government spending
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Implications of globalization and secular stagnation for monetary policy
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Why interest rate increases aren’t the solution to slow housing growth
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The Fed shouldn’t accept the “new normal” without a fight
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Updating an annual tradition: Arguing economics at the dinner table
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How Worried Should We Be About the Stock Market’s Recent Declines?
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Stagnant GDP at the Start of 2015 is the Latest Evidence That the Economy Hasn’t Reached Escape Velocity
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Recovery Is Nowhere Near Accomplished, and the Fed Shouldn’t Tighten Policy Until It Is
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It Is Indeed Morally Odious to Put Millions of Americans Through Harrowing Pain for Political Advantage
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Another Holiday Tradition: Arguing Economics at the Dinner Table
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Another Reminder About the Stupidity of Austerity
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Remember the Last Time the Fed Tightened After a Recession? I Didn’t Either, So…
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Hope Springs Eternal, But The Data Is Actually Pretty Mixed About Whether Or Not Recovery Is Accelerating
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The Federal Reserve, Full Employment, and Financial Stability
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Austerity’s Legacy: GDP is Far Below Potential, and Not Climbing
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Larry Summers, Jeremy Stein, and the Better Off Budget
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Are We Really on a Rapid Glide-Path to Full Employment?