…the IMFadmits that the short-run impact of regulatory changes is likely to be disruptive, which only reinforces the impact of the fiscal policy. Under these circumstances, the IMF can play…

…insisting that their governments lower the value of their currencies to increase exports to the U.S. But the U.S. Treasury did not label either country a currency manipulator in its…

Another Shrill Economist Shrill is, of course, the word conservatives often use to label an economist when said economist makes a case that they cannot refute with logic or data….

…are further from the (near) zero lower bound. DeLong and Summers made this point in the 90s . AEA President and former IMF head economist OJ Blanchard made it in…

…at play here in these labels. Think of schuld, the German word for debt, which also means guilt. Saving is viewed as sober and responsible; spending is impecunious and rash….