Maybe it’s inevitable that politics play a role in economic policy. After all, the two disciplines were pretty much intertwined until the 20th century. Today, political economy has taken on a whole new meaning. Perhaps “politicized economy” would be a more accurate description. TAGGED: economy, Caroline BaumRECOMMENDED ARTICLES| It's a "remarkably simple problem," said Paul Krugman, Nobel laureate in economics, professor at Princeton's Woodrow Wilson School, New York Times columnist, devotee of John Maynard Keynes, leading voice of the left and lightning... more » |
| Want to know what Federal Reserve policy makers are thinking at any given time? Take a look at what the research staff is doing. Back in the early 1990s, the staff was busy trying to explain the inexplicable weakness in M2. . . more » |
| One by one, European nations are letting their voices be heard, tossing out the party in power and voting in those who, in some cases, have a more radical agenda or, in others, are just willing to say “no” to the... more » |
| At some point during the recovery, the Fed may face an important decision. If the inflation rate begins to rise above the Fed's 2 percent target and the unemployment rate is still relatively high, will the Fed be willing to leave... more » |
| I want a wantologist. On Sunday, I learned that a "wantologist" -- what, you don't have one? -- is somebody paid to figure out what you want. Arlie Russell Hochschild, writing in the New York Times, quotes Katherine Ziegler,... more » |
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