May 23, 2013 |
WASHINGTON -- More than 100 conservative economists will call on Congress to approve an immigration overhaul, highlighting the potential economic benefits. The letter by the American Action Forum, to be released Thursday, is the latest volley from conservative economic thinkers, who have been divided on the immigration overhaul legislation making its way through the Senate. “Immigration reform's positive impact on population growth, labor force growth, housing, and other markets will lead to more rapid economic growth,” wrote the economists, including Douglas Holtz-Eakin, the foundation's president, who is a former director of the Congressional Budget Office and a former advisor to Sen. John McCain (R-Ariz.)
December 17, 2012 |
WASHINGTON -- Most forecasters are looking at 2013 as being another mediocre year for the economy, but many appear hopeful that growth will accelerate as the year progresses. Beyond that broad outline, the outlook for next year is muddled. The range of economic growth projections is about as wide as it's ever been, reflecting the great fiscal haze hanging over the nation. In its year-end survey released Monday, the National Assn. for Business Economics said the consensus view from its panel of forecasters shows gross domestic product expanding next year at an average annual growth rate of 2.1%.
March 4, 2013 |
Even as top Federal Reserve officials continue to defend their economic stimulus, a growing number of industry and academic economists view the Fed's policy now as too aggressive -- with two-thirds of those recently surveyed saying the central bank should terminate its controversial bond-buying program this year. The survey, of 196 members of the National Assn. for Business Economics, found that a slim majority of them consider the central bank's monetary policy as "about right.
October 1, 2013 |
MEXICO CITY -- Storms and insecurity are further eroding once-optimistic predictions for Mexico's economic growth, analysts say. At the start of the year, Mexico's new government under President Enrique Peña Nieto boasted of a robust economy that would grow at a rate of more than 3.5%, better than many countries in the region. Those boasts earned positive headlines for Mexico beyond its borders, as officials here portrayed a country ready to leap into prosperity. Now, however, even government economists have had to dial down the projections.
April 26, 2012 |
It seems that some people never fail to get worked up at the sight of young people standing up to an entrenched power. That's the only way I can explain the vehement reaction to my recent Op-Ed article, " Not their fathers' economics ," about the budding movement against orthodox economics among students from around the world. The general dismissive attitude seems to be that these students have no real right to speak their minds because they're so young that they haven't had a chance to be fully informed.
CALIFORNIA | LOCAL
January 15, 1993
It is true that Clinton has spurned conventional economics and its associated priesthood of academics who resemble quantum physicists rather than humanists. But wasn't the message of Clinton's campaign change, chance, change? And doesn't the fact that traditional economic theory has failed to cure our recession provide enough reason to try a new approach? As an impressionable undergraduate at Berkeley, I aspired to become an economist because I saw how clearly basic economic theories can explain the processes of our society.