Macroeconomic Updates

Professor Brandl continues the class discussion of economic issues

Entries from August 2009

Obama’s Fiscal Stimulus

January 30th, 2009 · Filed under: Economic Meltdown

Posted by Michael Brandl

Here is (I hope) an objective analysis of the Administration’s fiscal stimulus package. I will leave it up to you to decide who is right.
First the facts:
As it stands now it will be about $820 billion of spending and tax cuts. More likely it will be closer to $900 billion. Here is [...]

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Why Banks Won’t lend

January 14th, 2009 · Filed under: Economic Meltdown

Posted by Michael Brandl

I attended the American Economic Association meetings in San Francisco earlier this month, which is the largest annual meeting of economists.  The AEAs, as we call them, are a great place to catch up with old friends and hear fellow economists present their most recent research findings.
Some of the most interesting sessions were on the [...]

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