Liberals, conservatives, deficits and the EITC

Interesting to see that in the United States liberals seem to be more divided about fiscal policy than conservatives, but would conservatives push for if they engaged with the fiscal policy challenges?

Reasons to be cheerful

Some valuable words from Brad de Long: If all goes well in China and India in the next generation—and if nothing goes catastrophically wrong in the rich post-industrial North Atlantic core of the global economy—then the next generation will see a real milestone. For the first time ever more than half of the world will […]