Georgetown Public Policy Review
Policy Shaping Our Future
by Alex Engler “I expect we’re either going to see a bit of an acceleration of payroll jobs, or we’re going to see the unemployment rate go back up.” That is former Bureau of Labor Statistics (BLS) Commissioner Keith Hall, who would not be surprised to see a rise in the unemployment rate resulting from […]
by William Margeson In his book The Holy Grail of Macroeconomics: Lessons from Japan’s Great Recession, intended to inform economic policy in the wake of the Great Recession, economist Richard Koo writes: “…the current recession is the result of the private sector saving more at a time when there are not enough borrowers to go around.” Writing […]