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Is the Sky Falling?:

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  • William Milberg

Abstract

The fixation on balancing the federal budget deficit may be self-destructive, argues this economist. Washington is not making the right choices.

Suggested Citation

  • William Milberg, 2007. "Is the Sky Falling?:," Challenge, Taylor & Francis Journals, vol. 50(6), pages 91-108.
    • Handle: RePEc:mes:challe:v:50:y:2007:i:6:p:91-108
    DOI: 10.2753/0577-5132500604
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    References listed on IDEAS

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    1. Maurice Obstfeld & Kenneth Rogoff, 2007. "The Unsustainable US Current Account Position Revisited," NBER Chapters, in: G7 Current Account Imbalances: Sustainability and Adjustment, pages 339-376, National Bureau of Economic Research, Inc.
    2. Obstfeld, Maurice, 2005. "America’s Deficit, the World’s Problem," Center for International and Development Economics Research, Working Paper Series qt7j3436bf, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
    3. Kevin L. Kliesen, 2002. "Die another day? budget deficits and interest rates," National Economic Trends, Federal Reserve Bank of St. Louis, issue Dec.
    4. James K. Galbraith, 2005. "Breaking out of the Deficit Trap: The Case Against the Fiscal Hawks ," Economics Public Policy Brief Archive ppb_81, Levy Economics Institute.
    5. Andrea Terzi, 2007. "WP 2007-4 Fiscal deficits in the U.S. and Europe: Revisiting the link with interest rates," SCEPA working paper series. 2007-4, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    6. Eric M. Engen & R. Glenn Hubbard, 2005. "Federal Government Debt and Interest Rates," NBER Chapters, in: NBER Macroeconomics Annual 2004, Volume 19, pages 83-160, National Bureau of Economic Research, Inc.
    7. R. Glenn Hubbard & Eric M. Engen, 2004. "Federal Government Debt and Interest Rates," AEI Economics Working Papers 50018, American Enterprise Institute.
    8. William G. Gale & Peter R. Orszag, 2004. "Budget Deficits, National Saving, and Interest Rates," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 35(2), pages 101-210.
    9. Melissa Mahoney & William Milberg & Jeff Madrick, 2006. "State-Market Relations for a Globalized Economy," SCEPA policy note series. 2006-02, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
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