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deficit-spending

Polls Suggest Americans Are Waking Up

Lawrence W. Reed / 08-03-2010
Recent elections—the contest for Ted Kennedy’s seat in Massachusetts especially—suggest that something big is brewing in America. The Obama government-is-the-answer-to-everything agenda is evaporating. Pundits of every stripe are predicting a tidal wave in the November elections. Two polls taken within the last month are especially revealing. One is a [...]
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Greek debt risks can be self-fulfilling prophecy

Prof. Stefan Karlsson / 25-01-2010
Worries over the big budget deficit in Greece have steadily escalated in recent weeks, causing the yield spread between Greek and German bonds to exceed 300 basis points (3 percentage points). But how serious is this crisis really? The truth about the issue is that Greece’s public finances are indeed in a bad shape, but that [...]
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