• RT @PIIE: Beijing has legitimate reasons to rein in giants such as Didi & Ant Group, @ChorzempaMartin writes in @NikkeiAsia: https://t.co/z…
    Adam Posen Mon 09 Aug 2021 13:11
  • RT @PIIE: The US labor market made strong progress in July, but employment remains ~7.6 million jobs short of pre-pandemic expectations. Da…
    Adam Posen Mon 09 Aug 2021 13:11
  • RT @PIIE: Read @AdamPosen's piece "Fiscal Success During COVID-19 Says Believe the Good News" here: Link
    Adam Posen Mon 09 Aug 2021 13:11

    Too much blood in terms of unemployment and sweat in terms of intellectual effort has been spent on trying to determine the amount of fiscal space that economies have – our policy focus instead should be on what to do with the fiscal space that almost all advanced economies (and a surprising number of emerging market economies) actually have.

    This realization begins with the failings of making misleadingly precise guesses about the output gap and various other not directly observable measures as a driver of policies within the state. Starting with Posen (1998, 2001) on restoring Japan’s economic growth, there has been a mounting attack on official sector output gaps being biased downwards by repeatedly estimating recession outcomes as the trend. Also, building on this analysis of Japan in the 1990s versus 2000s, and subsequent experience globally, has been opposition to the idea that fiscal austerity or even just fiscal inaction are the right responses to a...

  • RT @Cromwell606: Brexit was essentially a vote by the UK to have a trade war with itself. The fact that Brexiteers still don't understand t…
    Adam Posen Mon 09 Aug 2021 13:06
  • RT @HuiyaoWang: CCG Dialogue with John Thornton, Stapleton Roy and Adam Posen Link
    Adam Posen Mon 09 Aug 2021 13:06
  • RT @TonyFratto: The debt ceiling isn’t a convenience for the Executive Branch. It’s a convenience for the Legislative Branch. Congress wo…
    Adam Posen Mon 09 Aug 2021 12:36
  • RT @JNkengasong: Vaccine hesitancy is not Africa’s #1 challenge. Rather vaccine famine is the real issue. Long lines, like the one in this…
    Adam Posen Mon 09 Aug 2021 10:10
  • RT @PIIE: Production of most of the COVID-19 vaccines involved the establishment of multiple supply chains, partly out of fears that govern…
    Adam Posen Mon 09 Aug 2021 10:00
  • RT @nberpubs: US tariffs largely reflect political economy factors (firm and worker lobbies) rather than terms of trade considerations, whe…
    Adam Posen Mon 09 Aug 2021 10:00
  • RT @davidfrum: These right-wing accounts represent the Salazar regime as a quiet idyll of Catholic orderliness. In fact, Salazar's state sp…
    Adam Posen Mon 09 Aug 2021 09:50
  • RT @MalmstromEU: Don’t miss this if you’re interested in African free trade?
    Adam Posen Mon 09 Aug 2021 09:35
  • RT @PIIE: On August 18, @VascoDaGappah of @AfCFTA & our Sherman Robinson join @MalmstromEU on the next episode of #PIIETradeWinds to discus…
    Adam Posen Sun 08 Aug 2021 19:25
  • RT @adam_tooze: Move lower in Treasury yields has confounded policymakers & investors: Clarida, Fed vice-chair = “surprised” Chair Powell c…
    Adam Posen Sun 08 Aug 2021 19:25
  • RT @evanpstarr: ?New Working Paper? "Non-Disclosure Agreements and Externalities from Silence" with @aaronsojourner & Jason Sockin. We e…
    Adam Posen Sat 07 Aug 2021 21:39
  • RT @PIIE: .@ChadBown & @TomBollyky map the vaccine supply chains of Pfizer/BioNTech, Moderna, AstraZeneca/Oxford, Johnson & Johnson, Novav…
    Adam Posen Sat 07 Aug 2021 21:29
  • RT @TradeExperettes: We'd love to hear what you have to say about #trade. If you love writing, send us your #blog! Take a look at the b…
    Adam Posen Sat 07 Aug 2021 21:29
  • RT @prchovanec: In fact, if you're responding that Trump is much worse than Nixon (and I agree), it only highlights the contrast in how the…
    Adam Posen Sat 07 Aug 2021 12:34
  • RT @jdportes: I wrote about some of these issues here. Key point here is that we shouldn't confuse the short term impacts of the pandemic,…
    Adam Posen Sat 07 Aug 2021 12:34
  • RT @mcopelov: It’s also not clear the claimed pattern – Rs mostly opposed to trade & Ds far more supportive under Obama, then a reversal, &…
    Adam Posen Sat 07 Aug 2021 01:43
  • Thus x100 @mcopelov Link
    Adam Posen Sat 07 Aug 2021 01:43

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

  • RT @mcopelov: It's key to remember that the median voter in the US & other OECD countries works in the nontradables sector. She experiences…
    Adam Posen Sat 07 Aug 2021 01:43
  • RT @CardiffGarcia: This is a *great*, simple, super clear explainer of New Trade Theory, in the context of its relevance to the global vacc…
    Adam Posen Sat 07 Aug 2021 01:38
  • RT @JGodiasMurphy: Not one Biden-nominated ambassador has been confirmed by the Senate to date. This impasse directly harms US interests, i…
    Adam Posen Sat 07 Aug 2021 01:38
  • RT @ChadBown: A global market made it possible to deliver all the specialized inputs that are now saving thousands of lives. By @PaulKrugm…
    Adam Posen Sat 07 Aug 2021 01:33
  • RT @BetseyStevenson: When will we admit that the US healthcare system simply doesn't work? https://t.co/vtRJzZYhJW
    Adam Posen Fri 06 Aug 2021 20:18
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