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Noah Smith

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One way to 4 % growth

When the George W. Bush Institute commissioned Nobel-winning economist Edward Prescott to analyze its proposal to generate 4 percent annual growth for the U.S.,...

There’s just one way to achieve 4% growth

When the George W. Bush Institute commissioned Nobel-winning economist Edward Prescott to analyze its proposal to generate 4 percent annual growth for the U.S.,...

Generation X is earning more but ends up having less

It’s pretty common these days for the media to make fun of millennials. But back in the 1990s, the previous generation, Generation X, got...

The reason debt bubbles are worse than stock bubbles

I still remember that day in the spring of 2000. I was sitting in my dorm room at Stanford University when I heard people...

Big economic discovery! Booms may be cause of busts

Do economic booms cause economic busts? To a lot of people, this seems like a silly question to even ask. Of course booms cause busts,...

Finance’s place in economy stumps the greatest minds

If the financial crisis and the Great Recession changed one thing in the minds of macroeconomic policy makers, it was to make them care...

Scare tactics and obesity

Since 1960, a lot fewer Americans have been dying of tobacco and car accidents, and a lot more have been dying of diseases related...

Is U.S. in Great Reset?

We normally assume that most recessions end in due time, and that the U.S. economy returns to its old trend even after an extended...

Taylor Rule is a backdoor way to try to end the...

Some Americans want to end the Federal Reserve. Most of us rightfully see that as a radical step that would involve the wholesale destruction...

After Great Recession is U.S. having a great reset?

We normally assume that most recessions end in due time, and that the U.S. economy returns to its old trend even after an extended...
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