Fiscal Policy

"Will fiscal stimulus overheat the US economy?"  slides; panel video, SAFE Policy Center, Frankfurt, April 22.
"Biden's Sensible Stimulus," Project Syndicate, March 24.  Korea Herald, March 29, 2021.
Will fiscal stimulus overheat the US economy?” panel video, American Enterprise Institute, March 24.
"Republicans are rediscovering the dangers of budget deficits," The Guardian, Jan. 26, 2021
"Six tax-based ways to tackle US income inequality," The Guardian, Dec. 18, 2019. 
"Policy pro-cyclicality," Ppt; Macro Policy Seminar, Harvard Econ.Dept., Dec.3, 2019.  Summary.
"The lesson from George H.W. Bush’s tax reversal" VoxEU, Dec. 22, 2018.  Abbreviated as "Re-reading George H.W. Bush's Lips," Project SyndicateDec. 10, 2018.
US will lack fiscal space to respond when next recession comes,” The Guardian, Aug. 28, 2018.
"Measuring the GOP's Tax Plan," Project Syndicate podcast, Dec.12, 2017.
To understand the tax reform bill, use good old math and history,” The Hill, Dec 10. 2017.
"When is the Right Time to Cut Taxes?"  60-second video, Dec. 2017.
"How the GOP tax overhaul compares to the Reagan-era tax bills," PBS Newshour,  Dec.4, 2017.
Do Current GOP Tax Reform Proposals Resemble Reagan’s Tax Reforms?Econofact, Nov. 29, 2017.
"Reagan's Tax Reforms Revisited," Project Syndicate, Nov. 24, 2017.
"Trump's Fiscal Follies," Project Syndicate, Aug. 19, 2016.  E.g., in Financial Advisor, Aug. 23, 2016.
"The Role of Policy in Achieving Shared, Sustainable Economic Prosperity," Dec.2015, Growth Policy, M-RCBG, Harvard.
"The End of Republican Obstruction?" Project Syndicate, Jan.19, 2015. 

"Austerity vs. Stimulus: The U.S. Fiscal Policy Debate,REAI International Advisory Board, May 2013. 
"Austerity vs. Stimulus," Apr.2013; "US Fiscal Problems,"AppendicesFeb.2013, 
SEF Executive Program, HKS.      
"Fiscal Problems," 
CEO/WPO Presidents’ Seminar, Harvard Business School, Jan.29, 2013; with appendices.      
"Four Magic Tricks for Aspiring Fiscal Conservatives," blog, Oct. 29, 2012.

"The Procyclicalists: Fiscal Austerity vs. Stimulus," VoxEUAug.7, 2012

Question from The International Economy, 26, no.4, Fall 2012: "What One Change in Economic Policy Do We Need?

"The First World's Fiscal Follies," Project Syndicate, July 19, 2012.   Or "How the First World got its Keynesian Policies All Wrong," Korea Herald, July 22.  Part I: The Procyclicalists: Fiscal Austerity vs. Stimulus.   

"Austerity v. Stimulus," REAI Advisory Board, Apr.2014. Senior Executive Fellows, HKS: "Fiscal Policy: Austerity vs. Stimulus," April 2014.   "Austerity vs. Stimulus," Apr.2013.  "Back to School on the Budget: History & Arithmetic," 2012; 2011.

"Did Obama Turn Around the Economy?" Project Syndicate, February 20, 2012.  Korea Herald, Feb. 24, 2012.

“Snake-Oil Tax Cuts,”  Economic Policy InstituteBriefing Paper 221.  Presented at Center for American Progress, Washington, DC, Sept. 2008.  HKS RWP 08-056.

“Is the Debt Important?” slidesNew England Republican Council Issues Conference, Boston, April 28, 2007.

As a Budget Storm Gathers, Bush Ignores Fiscal Forecast ,” in The Forward, Sept. 16-22, 2005.   

"A Debate on the Deficit," Challenge, November/December 2004, vol. 47, no. 6, pp. 8-23.  Reprinted in The Means to Prosperity: Fiscal Policy Reconsidered, edited by Per Gunnar Berglund and Matias Vernengo (Routledge, 2005) 12-45.

"The Wrong Approach,"  Jeffrey Frankel and Jessica Stern,  2004,The Baltimore Sun, Oct. 29, Pg. 17A.

"Twin Deficits and Twin Decades," a speech written for the conference on the Macroeconomics of Fiscal Policy, held by the Federal Reserve Bank of Boston, at Wequassett, June 14-16, 2004.

"What is the White House Trying to Do?" published as "Bush's Tax Cut Policy is a Bad Investment," in The Forward, June 27, 2003.

"Now It's Harder to Fix a Recession," (with Barry Eichengreen), New York Times, August 14,1988.