Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that follo….

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets..

Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain gover….

Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to a….

The upshot of Mr. Trump's economic policy positions under almost any scenario is that the U.S. economy will be more isolated and diminished..

The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contem….

They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny..

It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the gover….

The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive..

The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a questio….

We need to get rid of the debt ceiling law. It's anachronistic and it's a problem..

Predicting recessions is indeed a dark art, but I think we are several years away from the next one..

Our economy isn't going to recover until the housing market finds its footing..

If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession..

Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011..

My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat..

The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession..

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly..

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Re….

An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't descri….

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely c….