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Next Event

May30

Anheuser-Busch Briefing Center, U.S. Chamber of Commerce

1615 H St NW, Washington, D.C. 

Registration and Breakfast:  8:00 a.m.-8:30 a.m.

Forum Blog

Is Austin the New York of this century?
Blog Post
April 18, 2013
Is a handy rule of thumb not really a rule?
Library Article
December 13, 2012
The United States is just weeks away from a $7 trillion fiscal cliff
Blog Post
December 6, 2012
Swimming in the Murky Waters of the Fiscal Cliff
Blog Post
August 14, 2012
The first in our multi-part series on the effects of austerity.
Blog Post
May 14, 2012

The idea that spending by consumers and governments drives the economy is the basis for today’s anti-austerity "hosannas." The new French president, François Hollande, has promised to open the spigots and spend Europe back to economic health. If only it were that easy. 

Blog Post
May 9, 2012

The recent elections in Europe have many policymakers and pundits proclaiming “an end to austerity.”  Here is Washington Post columnist Eugene Robinson:

Economic austerity is a dangerous, self-defeating intellectual fad. Perhaps I should say that’s what it was, given Sunday’s election results in Europe. Perhaps I should also say good riddance. Voters in France, Greece and even Germany — a hotbed of the austerity cult — told their political leaders, in no uncertain terms, that boosting economic growth is more important than cutting government spending.

Blog Post
May 2, 2012

It’s said the grass is always greener on the other side of the fence, but what about the other side of the Atlantic? In this series, we are looking at the different approaches the United States and European Union have taken in the aftermath of the global recession, the former focused on spurring enterprise, the latter on austerity measures. 

Blog Post
April 16, 2012

Over this past week, markets across the world were caught in turmoil.  One major source of this upheaval was found, once again, in Europe.  More specifically, Spain.  Spain's bonds have reached interest rates once deemed unsustainable (over 6%), which in turn not only makes it harder for business to finance their work, but also undermines the ability of Spain to continue funding its deficits.  For a country with over 23% of its workforce unemployed and an economy desperately in need of growth, this hurts.

Blog Post
April 11, 2012

In this series, we are looking at how tough economic times have led the United States and Europe down two different paths – one focused on budget cuts, the other on investment and enterprise. These are austere times for businesses, families and governments on both sides of the Atlantic, but the different ways in which the United States and Europe have engaged and addressed the difficult economy reveal important lessons for encouraging entrepreneurship, small business and the inevitable jobs growth that follows. 

Blog Post
March 27, 2012

According to economist John Cochrane's recent post in Bloomberg View, "austerity isn't working."  For those who've been following this blog recently, you'll know that we've started a series on what free enterprise looks like in the era of austerity.

Blog Post
March 20, 2012

There has been a flurry of reports and findings lately that the American economy is growing again. U.S. manufacturing is strengthening and the country’s gross domestic product has surpassed pre-economic crisis levels. This is welcome news, but it doesn’t mean the country is out of the woods yet. In fact, America’s current rally is just another step on the long road to recovery.   

Blog Post
February 2, 2012

Daniel Drezner, a professor at Tufts University, thinks that the developed world is at an "inflection point" when it comes to austerity.  Leaders in Europe are beginning to blanch at further austerity measures now that it's effect is fully sinking in.  The commentariat, always a fickle bunch, are turning up the heat.  Even the technocrats are getting in on the action, deploying various forms of monetary loosening to keep money flowing as public balance

Blog Post
February 2, 2012

Daniel Drezner, a professor at Tufts University, thinks that the developed world is at an "inflection point" when it comes to austerity.  Leaders in Europe are beginning to blanch at further austerity measures now that its effect is fully sinking in.  The commentariat, always a fickle bunch, are turning up the heat.  Even the technocrats are getting in on the action, deploying various forms of monetary loosening to keep money flowing as public balance s

Blog Post
January 24, 2012

An austere wind is blowing, whipped up by budget cuts and regulatory and economic uncertainty.  What of the job creator in this climate?  Will our economy simply dry up or will the weight of recession be blown away?  Robert Shiller of Yale took to a poem recently --  "The building Trade is quite destroy’d, Artificers are not employ’d" -- in wondering whether history or academia had any answers to this stiff gale.  He found some tempered hope, but not much more.