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Monthly Archives: December 2008
The Obama Stimulus Plan
In his op-ed piece of last Sunday’s Washington Post, Larry Summers underscored that the Obama administration’s fiscal stimulus package is being designed not only to create “jobs and incomes essential for recovery,” but also to make “a down payment on … Continue reading
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Samuel Huntington, 1927-2008
It is with great sadness that I note the passing on Christmas eve of Samuel Huntington, long-time teacher, friend, and editorial board member of The American Interest. I knew Huntington from my final year in graduate school at Harvard, when … Continue reading
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The Madoff Ponzi
It is difficult not to wonder about this. When I discuss the matter with my friends, the inevitable point is made that it is really hard to spend $50 billion dollars, even over a 10-15 year period. So where did … Continue reading
Thinking About Fiscal Policy
As the United States Government seeks to dig the economy out of a recession through a massive fiscal stimulus package, many voices continue to remind us that the larger challenge to be faced is the large and growing long-term fiscal … Continue reading
What Will the Obama Administration Administer?
These first few weeks since the election have been enormously heartening. The Obama administration’s cabinet is beginning to take shape with nominees of high quality—well trained, pragmatic, with enormous experience, and good judgment. This signal that a sensible economic policy … Continue reading
