Martin FeldsteinA collection of 8 posts

Science

First I think the science of monetary economics has clearly gotten better.

Science

And finally no matter how good the science gets there are problems that inevit...

Science

A second reason why science cannot replace judgement is the behavior of financia...

Government

Increased government spending can provide a temporary stimulus to demand and out...

Finance

To finance this trade deficit the U.S. has to borrow from the rest of the world...

Finance

But because we in the United States finance our current account deficit by borro...

Finance

The only way that we can reduce our financial dependence on the inflow of funds ...

Business

A rise in the level of saving can reduce aggregate activity temporarily but only...