Former Bush adviser Glenn Hubbard on what it will take to keep the United States from going the way of the Romans.
Top Bush administration economists: Don't default. Do use the debt limit negotiations to rein in deficits.
Glenn Hubbard is a distinguished American economist. Here he is getting hit by a set at CNBC.
Republicans may rail against activist Fed policy. But Romney's top advisors seem keen on having more of it.
The Romney campaign is out with a new white paper defending his economic plan. But does it take all the relevant studies into account? On the stimulus, the answer is certainly "no."
If you make the tax plan revenue-neutral by cutting deductions and credits, the economic growth effect goes away.
"Today, as some wonder about the way forward out of economic recession and fiscal crisis, the answer once again is ‘Look to Poland,'" Mitt Romney declared in a speech in Warsaw yesterday. But the secret to Poland's success, as Matt O'Brien and Matt Yglesias have noted, is aggressive currency debasement.
Romney policy advisor Glenn Hubbard's support for a less valuable dollar flies in the face of Republican conventional wisdom on the matter. And that's hardly the only issue where Hubbard, Harvard professor Greg Mankiw, former Rep. Vin Weber and former Sen. Jim Talent - who together make up Romney's economic braintrust - diverge from commonly held Republican positions.
One of Romney's top advisers is promoting economic stimulus through a lower dollar. But are Republicans willing to sign on?