UNDERSTANDING THE CURRENT ECONOMIC CRISIS: UCLA ECONOMISTS SPEAK OUT
In recent months, UCLA economists have actively written and spoken about the current economic crisis. Below are links (in chronological order) to the various opinions and ideas put forth by our economics faculty on issues such as how the current disaster was allowed to develop, how the proposed economic policies are likely to work, and what the future holds for our economy.
Last Update: October 2009
Prof. Lee Ohanian, November 17 2009:
A Cure for Unemployment: Forget Short-Term Fixes. Good Long-Run Policies Will Create Jobs
Prof. Lee Ohanian, October 21 2009:
A Temporary Hiring Tax Credit?
Prof. Roger Farmer, October 16 2009:
Dont Give Up on Quantitative Easing: We Can Have Our Cake and Eat It Too
Prof. Roger Farmer, October 5 2009:
The Great Recession Ended in May of 2009
Prof. Lee Ohanian, September 2 2009:
Wages of Depression: Hoover-Era Lessons for Todays Policymakers
Prof. Roger Famer, August 6 2009:
The Great Recession and the Coming Jobless Recovery
Prof. Lee Ohanian, July 21 2009:
How Not to Pay for Healthcare
Prof. Lee Ohanian, July 15 2009:
The Depression Divide: Why Economists Disagree
Prof. Lee Ohanian, July 8 2009:
Will Reducing Government Spending Derail the Recovery?
Prof. Lee Ohanian, July 2 2009:
No, Inflation Is Not the Key to This Recovery
Prof. Lee Ohanian, July 1 2009:
Fed Policy On Inflation: As Good as It Gets
Prof. Lee Ohanian, June 29 2009:
The Fed Fears Deflation More Than Inflation
Prof. Lee Ohanian, June 16 2009:
How Stimulating Is Stimulus? Not Very
Prof. Lee Ohanian, June 10 2009:
The $787 Billion Mistake
Prof. Roger Farmer, May 27 2009:
Why Keynes Was Right and Wrong, and Why It Matters
Prof. Michael Intriligator, May 3 2009:
It Will Take Years Before the Current Recession Will End
Prof. Lee Ohanian, April 30 2009:
Revisiting the 1930s: Why Did the Great Depression Last So Long?
Prof. Roger Farmer, April 16 2009:
Macroeconomics: Adjusting the Big Picture
Prof. Roger Farmer, April 6 2009:
Bah Humbug: Stagflation is Around the Corner
Prof. Lee Ohanian, April 4 2009:
Hearing on Lessons from the New Deal - Testimony for the U.S. Senate Subcommittee on Economic Policy (video)
Prof. Lee Ohanian, April 4 2009:
Hearing on Lessons from the New Deal - Testimony for the U.S. Senate Subcommittee on Economic Policy (pdf)
Prof. Lee Ohanian, March 30 2009:
The Role of Labor Policy: Council on Foreign Relations Symposium on a Second Look at the Great Depression and the New Deal
Prof. Andrew Atkeson, March 16 2009:
Featured Guest in Economist Debates: This House Believes that We Are All Keynesians?
Visiting Scholar David Mayer-Foulkes, March 5 2009:
Long-Term Fundamentals of the 2008 Economic Crisis
Prof. Earl A. Thompson, March 5 2009:
What President Obama Should Know About Recessions
Prof. Deepak Lal, March 5 2009:
The Mont Pelerin Society Presidential Address: A MANDATE RENEWED
Prof. Deepak Lal, March 2009:
The Great Crash of 2008: A collection of The Business Standard columns
Prof. Michael Intriligator, February 23 2009:
The Current Worldwide Financial and Economic Crisis
Prof. Edward E. Leamer, February 17 2009:
How to Improve the New Bank Rescue Plan?
Prof. Axel Leijonhufvud, February 13 2009:
No Ordinary Recession
Prof. Roger E. A. Farmer, February 9 2009:
How to Fix the Banks
Prof. Earl A. Thompson, February 6 2009:
An Economist's Advice to President Obama
Prof. Roger E. A. Farmer, February 4 2009:
The Government Should Target the Stock Market
Prof. Lee Ohanian, February 2 2009:
How Government Prolonged the Depression: Policies that Decreased Competition in Product and Labor Markets were Especially Destructive
Prof. Lee Ohanian, January 30 2009:
The New Deal Stimulus
Prof. Axel Leijonhufvud, January 13 2009:
Fixing the financial system
Prof. Axel Leijonhufvud, January 12 2009:
Fixing the crisis: Two systemic problems
Prof. Roger E. A. Farmer, January 12 2009:
A New Monetary Policy for the 21st Century
Prof. Roger E. A. Farmer, December 30 2008:
How to Prevent the Great Depression of 2009
Prof. Roger E. A. Farmer, December 19 2008:
U.S. Has 50% Chance of Depression
Prof. Lee Ohanian, December 16 2008:
Obamas New Deal: As Bad as the Old New Deal?
Prof. Lee Ohanian, December 10 2008:
Revisiting the New Deal
Prof. Michael Intriligator, December 5 2008:
A Toyota Takeover Could Save GM
Prof. Lee Ohanian, November 12 2008:
Obamanomics: To Fix the Economy, the President-Elect Should Take His Cues from History
Prof. Lee Ohanian, November 3 2008:
Dont Raise Capital Gains Taxes
Prof. Francisco J. Buera, November 1 2008:
Learning the Wealth of Nations
Prof. Lee Ohanian, October 31 2008:
The Bailout Puzzle
Prof. Roger E. A. Farmer, October 9 2008:
Whats Wrong with the Economy and How to Fix It
Prof. Roger E. A. Farmer, October 9 2008:
How the U.S. Economic Crisis Will Affect the Global Economy
Prof. Lee Ohanian, October 8 2008:
Good Policies Can Save the Economy: Why We Need Lower Tax Rates and More Skilled Immigrants
Prof. Earl A. Thompson, September 24 2008:
No Bailout Necessary
Prof. Edward E. Leamer, September 2008:
Please Think This Over
Prof. Axel Leijonhufvud, May 13 2008:
Keynes and the Crisis, from CEPR Policy Insight No. 23
Prof. Axel Leijonhufvud, May 13 2008:
Central Banking Doctrine in Light of the Crisis
Prof. Axel Leijonhufvud, October 26 2007:
Bubble, Bubble, Toil and Trouble
Prof. Pierre-Oliver Weill, August 23 2007:
Crashes and Recoveries in Illiquid Markets
Prof. Pierre-Oliver Weill, January 18 2007:
Leaning Against the Wind
Prof. Lee Ohanian, August 10 2004:
FDR's Policies Prolonged Depression by 7 years, UCLA Economists Calculate
