Urbanomics

The Great Recession has become a fertile ground for considerable analysis of the prevailing conventional wisdom macroeconomic policies. The ...

Paul Krugman has a nice summary of why he thinks Keynesian economics triumphs over classical economics in explaining the current macroecono...

Facing its lost decade in the nineties, Princeton professor Ben Bernanke advocated that the Bank of Japan Governor Masaru Hayami indulge in ...

The simplest intuitive case for the superiority of fiscal policy over monetary policy in retrieving a recession-hit economy, especially in t...

One of the most interesting policy debates during the current recession has been over the most effective fiscal policy options to combat the...