Tag Archives: Lawrence Summers

The Clinton-Greenspan connection| The case against dynasties on Blog#42

I was reminded, as I was reading Paul Krugman’s recent blog post on Alan Greenspan (see below,) that he is wedded to Andrea Mitchell of MSNBC. I was also reminded that Greenspan was Chairman of the Fed during… the Clinton years. Continue reading The Clinton-Greenspan connection| The case against dynasties on Blog#42

Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut:

A Fascinating Debate in the Macro Blogosphere
Jared Bernstein | On the Economy  |   April 2nd, 2015

The macro blogosphere is on fire, as Bernanke, Summers, and Krugman are having a fascinating discussion that starts with secular stagnation (persistently weak demand, even in expansions), adds a strong dose of international trade with an emphasis on the Bernanke savings glut observations, and thus speaks to a lot of what we think about here at OTE.

Continue reading Jared Bernstein: Full Employment, Trade Deficits, and the Savings Glut: