fiscal policy

A homeless man panhandles along a street in Lawrence, Massachusetts, on Aug. 16.

To Avoid a Coronavirus Depression, the U.S. Can’t Afford to Alienate the World

America needs a cooperative global economy to dig itself out of the downturn. That will require deft economic diplomacy, not bluster and bullying.

Demonstrators protest against government bailouts of banks in front of the New York Stock Exchange, in New York City on Oct. 24, 2008.

This Time, Can We Finally Turn a Financial Crisis Into an Opportunity?

Once again, markets are crashing and taxpayers are bailing out wealthy insiders. It's time we reform this perverse social contract.

$100 notes are printed at the U.S. Bureau of Engraving and Printing in Washington, D.C., on May 20, 2013.

The Democratic People’s Republic of U.S. Monetary Policy

Congress is outsourcing more and more policymaking to the Federal Reserve.

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Fed Rate Hike Sets Up Showdown With Trump

It's going to be more expensive to borrow money in Donald Trump's America.

WASHINGTON - OCTOBER 14:  The words "In God We Trust" are seen on U.S. currency October 14, 2004 in Washington, DC. Although the U.S. constitution prohibits an official state religion, references to God appear on American money, the U.S. Congress starts its daily session with a prayer, and the same U.S. Supreme Court that has consistently struck down organized prayer in public schools as unconstitutional opens its public sessions by asking for the blessings of God. The Supreme Court will soon use cases from Kentucky and Texas to consider the constitutionality of Ten Commandments displays on government property, addressing a church-state issue that has ignited controversy around the country.  (Photo Illustration by Alex Wong/Getty Images)

The Stimulus Our Economy Needs

The U.S. economy needs cash to fund job creation and raise stagnant wages. Calling it "helicopter money" is just counterproductive.

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IMF Chief Lagarde Just Endorsed This Radical Policy Once Thought Impossible

IMF chief Christine Lagarde endorsed use of negative interest rates, a radical idea most thought was impossible.