Save or Spend?

Jeff Stahler – Columbus Dispatch

In Macro class today we talked about what is really a dual decision. First, should our national policy encourage spending or saving? Second, should government actions favor consumption or investment?

First, some definitions and a smidgen of theory. There is a simple dichotomy overĀ  how a family or a . . . → Read More: Save or Spend?

Roger Ferguson (President and CEO, TIAA-CREF) on the Retirement Policies of the 21st century

I like this and I definitely think that you should have a look. It raises a lot of interesting and important issues although it is exclusively framed in a US context (not strange thinking of the source).

Untitled from NBER on Vimeo.

The basic message is pretty simple. People should save more and be . . . → Read More: Roger Ferguson (President and CEO, TIAA-CREF) on the Retirement Policies of the 21st century

The IMF on Asia’s Recovery and its Sustainability

Update: Mr. Singh posts the third and, as far as I know, last installment in the series on Asia’s outlook written on the basis of the Regional Economic Outlook for the Asian and Pacific Region. The topic is perhaps the most interesting of all aspects of Asia’s aggregate economy, the high prevalence of . . . → Read More: The IMF on Asia’s Recovery and its Sustainability