Andrew Fieldhouse
Recent Stories By Andrew Fieldhouse:
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The Threat That Could Scar the Economy for DecadesAugust 26, 2014
Despite some signs of improvement, the U.S. economy remains far from healed. And the longer the slump persists, the nastier the lingering scar that will mar the economy for decades to come. By the...
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Bye Bye, Bernanke — Without You, We’d Be Way Worse OffJanuary 31, 2014
As a scholar of the Great Depression and Japan’s struggles with monetary policy constrained by the zero lower bound of nominal interest rates, Ben Bernanke was an ideal candidate for comprehending...
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5 Years After the Crisis: Why the Income Gap Is WideningOctober 11, 2013
It’s been five years since the financial crisis reached critical meltdown. The dominoes began to fall with the demise of Lehman Brothers, followed by the shotgun sale of Merrill Lynch to Bank of...
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Congress Foolish to Ignore Lessons of Fiscal CliffAugust 25, 2013
If you hate hearing “I told you so” stories, stop reading. Nine months ago, policymakers on both sides of the political aisle were rightfully voicing concerns over the “fiscal cliff” slated to...
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Trading Tax Write-Offs for Real GrowthJuly 23, 2013
Overhauling the tax code is a wonky fixation of the D.C. policymaking elite, for good reason — it’s an area loaded with policy nuance, lobbying intrigue and major ramifications for long-term fiscal...
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3 Dangerous Myths About 'Revenue-Neutral' Tax ReformJune 21, 2013
In its drive to deliver tax reform this year, Congress seems intent on simply refashioning a new version of the Tax Reform Act of 1986. This would be a serious mistake. The basic approach of the...
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How High Should Top Income Tax Rates Be? <br>Getting the Fight RightApril 12, 2013
Over at Forbes, Tim Worstall didn’t take kindly to an op-ed I authored for The Fiscal Times pointing out that research by two economists, Peter Diamond and Emmanuel Saez, indicates that...
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How High Should Top Income Tax Rates Be? (Hint: Much Higher)April 10, 2013
The U.S. economy is mired in a depression. Output is running $975 billion, or 5.8 percent, below its noninflationary potential as the result of a huge demand shortfall in the aftermath of the housing...
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Forget Spending Cuts, the U.S. Economy Really Needs a $2 Trillion StimulusMarch 6, 2013
More than five years after the start of the Great Recession in December 2007, the U.S. economy is still mired in a depressed state of output, and economic growth has decelerated below rates needed to...