Jeff Frankels Weblog
Views on the Economy and the World
  • About
RSS FEED
Barack Obama’s Biggest Economic Mistake Has Been…
Jan 18th, 2012 by jfrankel |

In the current issue of Foreign Policy, the editors of the FP Survey ask “top experts” for pithy solutions to the world’s economic problems, “twitter style.”  Some of the answers:

THE BIGGEST THREAT TO THE GLOBAL ECONOMY IS …
Anti-market bias. -Bryan Caplan •  Procrastination. -Peter Diamond •  Short-term thinking. -Esther Dyson •  A euro meltdown. -Dean Baker  •  Tax-cut fanatics. -Jeffrey Frankel •  The bond market. -Andy Sumner •

MY OUT-OF-THE-BOX SUGGESTION TO REVIVE THE GLOBAL ECONOMY IS
Wipe out debts. -Daron Acemoglu •  Require candidates for national office to pass ninth-grade tests on arithmetic, history, and geography. -Jeffrey Frankel •  Double down on science. -Tyler Cowen •  A government lottery where winners have mortgages, student loans, or other debt paid off. -Mark Thoma •  We don’t need “out-of-the-box” solutions; we need “head-out-of-the-sand” ones. -Adam Hersh •  Pray. -David Smick

BARACK OBAMA’S BIGGEST ECONOMIC MISTAKE HAS BEEN …
Letting Larry Summers go. -Gary Hufbauer •  Not reorganizing the big banks. —David Smick •  Trying too hard to find common ground with an opposition that won’t compromise on any terms. -Vincent Crawford •  Assuming office in January 2009. -Jeffrey Frankel

OCCUPY WALL STREET IS …
A misdirected tantrum. -Philip Levy •   A harmless pastime for unemployed youth. -Gary Hufbauer •  Reasonable complaints about crony capitalism plus self-righteous economic illiteracy. -Bryan Caplan

BY ELECTION DAY 2012, THE U.S. ECONOMY WILL BE …
Improving, but leaving many people behind. -Arnold Kling .  Limping along, with unemployment declining but still around 8 percent. -Daron Acemoglu .  Blamed for the outcome. -Jeffrey Frankel

ECONOMISTS SHOULD BE PAYING MORE ATTENTION TO …
How people actually behave rather than how they are idealized to behave. -Abhijit Banerjee •  Corporate governance. -Peter Diamond •  The fact that macroeconomic theory went up a blind alley some 20 years ago. -Jeffrey Frankel •  Creeping protectionism across the global economy. -Gary Hufbauer •   The impediments to job creation for young people. -Valerie Ramey •  Reality. -James D. Hamilton

Posted in Obama Administration, budget, conservatives and liberals, financial regulation, fiscal stimulus, labor market & jobs, recession |

Comments are closed.

  • Blogroll

    • Economics Roundtable
  • Weblogs

    • Belfer Center for S. & Int.Aff.
    • Project Syndicate
    • Seeking Alpha
    • VoxEU
  • Websites

    • Harvard Faculty Profile
    • Harvard Kennedy School
    • Jeff Frankel’s personal homepage
    • Links to others
    • My recent publications & speeches
    • Some media cites/appearances
  • Categories

    • 2008 presidential campaign
    • 2012 presidential campaign
    • Africa & commodities
    • Asia
    • budget
    • China
    • Climate Change
    • commodities
    • conservatives and liberals
    • economic development
    • emerging markets
    • euro
    • Europe
    • exchange rates
    • financial crisis
    • financial regulation
    • fiscal stimulus
    • gas prices
    • inflation
    • international cooperation
    • International Monetary Fund
    • international trade
    • investing
    • iraq
    • Japan
    • labor market & jobs
    • Laffer curve
    • Latin America
    • monetary policy
    • Nobel Prize
    • Obama Administration
    • oil
    • poverty
    • recession
    • the dollar
    • Uncategorized
Wordpress Theme designed by KomiradJeff Frankels Weblog © 2013