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A few weeks ago, I received an e-mail inviting me to sign a statement drafted by a group calling itself “Economists Concerned by Hillary Clinton’s Economic Agenda.” The statement, a vaguely worded five paragraph denunciation of Democratic policies (and proposed policies) is unremarkable — as are the authors, a collection of reliably conservative policy makers and commentators whose support for Donald Trump appear with some regularity in the media.
The post One concerned economist appeared first on OUPblog.
Inspired by the 11 Tony awards won by the smash Broadway hit Hamilton, last month I wrote about Alexander Hamilton as the father of the US national debt and discussed the huge benefit the United States derives from having paid its debts promptly for more than two hundred years. Despite that post, no complementary tickets to Hamilton have arrived in my mailbox. And so this month, I will discuss Hamilton’s role as the founding father of American central banking.
The post Hamilton’s descendants appeared first on OUPblog.
have not yet seen Lin-Manuel Miranda’s hit Broadway show Hamilton. I feel badly about this for three reasons. First, Miranda is a 2002 Wesleyan graduate, a loyal and generous alumnus who gave a great commencement speech in 2015 and remains solidly committed to the university. Second, the music and lyrics are, quite simply, amazing. Third, as an economic historian, it is heartening to see one of America’s economic heroes make it to Broadway.
The post Alexander Hamilton and the public debt appeared first on OUPblog.
have not yet seen Lin-Manuel Miranda’s hit Broadway show Hamilton. I feel badly about this for three reasons. First, Miranda is a 2002 Wesleyan graduate, a loyal and generous alumnus who gave a great commencement speech in 2015 and remains solidly committed to the university. Second, the music and lyrics are, quite simply, amazing. Third, as an economic historian, it is heartening to see one of America’s economic heroes make it to Broadway.
The post Alexander Hamilton and the public debt appeared first on OUPblog.
t the conclusion of the mid-September meeting of the Federal Open Market Committee (FOMC), the Federal Reserve announced its decision to leave its target interest rate unchanged through the end of this month. Although some pundits had predicted that the Fed might use the occasion of August’s decline in the unemployment rate (to 5.1 percent from 5.3 percent in July), to begin its long-awaited monetary policy tightening, those forecasts left out one crucial fact.
The post Don’t panic: it’s October appeared first on OUPblog.
