ngdp-targeting

Long-term unemployment is a catastrophe

Long-term unemployment is a much more serious problem than short-term unemployment, and it's more prevalent to boot.

  • Dylan Matthews
  • ·
  • Sep 27, 2013

Everyone hates TARP and the stimulus. Alan Blinder thinks everyone’s wrong.

The Princeton economist discusses how the economy blew up, how we put it back together, and how to prevent it all from happening again.

  • Dylan Matthews
  • ·
  • Jan 23, 2013

Don’t believe the GDP report!

The U.S. economy grew at a 2 percent annual rate in the third quarter of 2012, according to the initial figures from the Bureau of Economic Analysis. That's pretty good! But the average revision in these reports is 1.3 percentage points. That's a huge amount of error.

  • Dylan Matthews
  • ·
  • Oct 26, 2012

Inside the Fed: Why you should expect an unemployment target

Last month, the Fed took its biggest action in two years. But the minutes of the debate suggests it could have done much more.

  • Dylan Matthews
  • ·
  • Oct 4, 2012

Michael Woodford: ‘I personally would have gone further but what [the Fed] did is definitely a step in the right direction.’

A conversation with Michael Woodford, the world's leading monetary economist and arguably a big influence on QE3.

  • Dylan Matthews
  • ·
  • Sep 15, 2012

Michael Woodford may have written the year’s most important academic paper. Here’s why.

Ben Bernanke got shown up at his own party by a long, technical paper arguing, in essence, that the Fed has been doing everything wrong.

  • Dylan Matthews
  • ·
  • Sep 3, 2012