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

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….

In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes all the difference in th….

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….