A fiscal crisis – sometimes called a sovereign debt crisis – is a sharp economic shock or downturn caused or sparked by high ...
The fiscal policy cycle is turning to a new phase, away from the tremendous stimulus and spending of the past five years to austerity and cuts. The decision on the fiscal cliff will set in motion the ...
One way or another, U.S. debt will stop expanding unsustainably, but the most likely outcome is also among the most painful, according to Jeffrey Frankel, a Harvard professor and former member of ...
Jacobin on MSNOpinion
The class politics of austerity
In 2021, the United States was confronted with a challenge that it hadn’t seen in decades: inflation. Working-class Americans ...
I am writing as a paraeducator at Riverview Elementary School. I work in the Significant Support Needs program, assisting students with some of the highest needs and modifications requirements in our ...
Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...
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