Over the past week or so, Bill Clinton, Larry Summers, and Glenn Hubbard have all made the same suggestion: Congress should extend all of the 2001/2003 tax cuts, due to expire at year’s end, into early next year. It seems like an awful idea. I suspect they have different motivations for this advice. Clinton, ever [...]

In 2008, Barack Obama brought an all-star squad of centrist and center-left economists to the White House. Now, as he confronts a critical turning point in the economy and his own political career, he can barely field a team. Much as I hate to admit it, politicians need economists, especially in campaign season. Their most [...]