September 23, 2018 — The US Treasury is due in October to submit its biannual report to Congress on what countries, if any, are manipulating their currencies to gain unfair trade advantage. President Trump has recently resumed the accusation against China that he made during the election campaign.
Author Archives: jfrankel
Reply to an MMT critique of my column on pro-cyclical policy
Aug. 30, 2018 — I received an invitation from Paul Fagan to respond to a critique by Bill Mitchell of my column at Project Syndicate and the Guardian, “US will lack fiscal space to respond when next recession comes”. (My subsequent blogpost, “The next recession could be a bad one” is a slightly extended version.) I am happy to respond to the critique.
The Next Recession Could Be a Bad One
August 30, 2018 — US economic statistics are currently good. But the next recession could be bad.
