Fiscal multipliers, an economic concept often misused to justify austerity, is rearing its head in Beltway budget debates. Time to bone up.
Recent Items
Monday, June 30, 2025
Explaining Fiscal Multipliers, a Stealthy but Important Budget Battleground (Part 1)
Topics: Dubious statistics, Economic fundamentals, Free markets and their discontents, Guest Post, Macroeconomic policy, Politics, The destruction of the middle class, The dismal science
Posted by Yves Smith at 5:46 am | 20 Comments »
2:00PM Water Cooler 12/23/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 153 Comments »
Secular ‘Values Voters’ Are Becoming an Electoral Force in the US – Just Look Closely at 2020’s Results
More voters admit to not being religious. How does that play out in US politics?
Topics: Guest Post, Politics, Social values
Posted by Yves Smith at 9:55 am | 17 Comments »
Links 12/23/2020
Topics: Links
Posted by Yves Smith at 6:55 am | 220 Comments »
Why Are Shootings Up in New York City? We Asked Four People on the Front Lines
“Becaue Covid” may not fully explain the rise in shootings in New York and other big cities.
Topics: Doomsday scenarios, Economic fundamentals, Guest Post, Income disparity, Pandemic, Social values, The destruction of the middle class
Posted by Yves Smith at 5:34 am | 40 Comments »
Someone Should Ask Biden Cabinet Candidate Ursula Burns If She Supports Child Labor in Africa
Ursula Burns, a candidate for Commerce Secretary, is a director of Nestlé, which defended its use of child labor before the Supreme Court.
Topics: Africa, Banana republic, Free markets and their discontents, Guest Post, Income disparity, Legal, Politics, Ridiculously obvious scams, Social values
Posted by Yves Smith at 4:20 am | 22 Comments »
Holiday-Year End Schedule and Comments Holiday
We are cutting back on posting and comments so as to give Team NC a bit of a respite. Hope you can also take a year end break.
Topics: Notices
Posted by Yves Smith at 2:15 am | 28 Comments »
2:00PM Water Cooler 12/22/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 118 Comments »
Will Trump Pardon Himself? Why the Hell Not?
Will Trump pardon himself, complicating any future federal investigations into his possible misdeeds? I think so. And I would bet on him doing the same for family members.
Topics: Banana republic, Guest Post, Legal, Politics
Posted by Jerri-Lynn Scofield at 1:55 pm | 60 Comments »
Links 12/22/2020
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 227 Comments »
Who Loses Out From Covid-Induced Changes in Buying Patterns?
Why for some sectors of the economy, life after Covid may never be the same.
Topics: Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Guest Post, Pandemic, The destruction of the middle class, The dismal science
Posted by Yves Smith at 6:32 am | 30 Comments »
UK’s Covid and Brexit Siege
Fog on the Covid and Brexit fronts.
Topics: Brexit, Doomsday scenarios, Economic fundamentals, Europe, Globalization, Media watch, Pandemic, Politics, UK
Posted by Yves Smith at 5:37 am | 44 Comments »
A Tale of Two Elections: U.S. and Bolivia
US sanctimoniousness about the importance of elections respecting popular will does not apply outside our borders.
Topics: Banana republic, Dubious statistics, Guest Post, Politics, Ridiculously obvious scams
Posted by Yves Smith at 3:45 am | 12 Comments »
A Document Maven Looks at the Pfizer Vaccine Paper in the New England Journal of Medicine
How editorial practices at the NEJM lead doctors astray.
Topics: Guest Post, Pandemic
Posted by Lambert Strether at 6:55 pm | 62 Comments »
2:00PM Water Cooler 12/21/2020
~ Today’s Water Cooler ~
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 136 Comments »