Posts Tagged ‘Paul Volcker’

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    Double Dips

    Aug 7, 11 • 106 Views • Businesses, Demand, Supply, and Markets, Economic Debates, Economic History, Government, Households, Labor, Macroeconomic Measurement, Money and Monetary Policy, Regulation, Thinking EconomicallyNo Comments

    We do not know whether a double dip has begun. Cascading during 2008 and the first half of 2009, the GDP then began to climb. Only if it drops again will we have a double dip. In the NY Times, financial journalist Floyd Norris does a beautiful job of...