I’ll be back on August 17. Meanwhile, the comment threads remain open.
I’ll be back on August 17. Meanwhile, the comment threads remain open.
Aug 17 2003
To what extent is the large trade deficit reported for the U.S. a cause for concern? In my Bubbleheads essay a couple months back, I discussed some of the fears about the deficit and the apparently-overvalued dollar. Brad DeLong wonders how much we should really worry about the trade deficit. So there you have it. S...
Aug 17 2003
Brad DeLong has influenced my thinking on the current state of the economy. In a recent post where he looks at data on output relative to hours worked, he writes, CEA Chair Greg Mankiw said last week that the 3.5% per year real GDP growth rate that the administration is projecting should make the unemployment rate n...
Aug 8 2003
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