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Daily Archives: August 31, 2008

Jackson Hole Fed Symposium 2008

Symposium agenda with papers linked

WSJ’s report on the meeting, with some great discussions

Bloomberg reports a debate over the conference was so heated that Stanley Fischer suggested to use fire distinguisher to cool it down.

The two parties’ historical econoic performance

Alan Blinder wrote on NYT: contrary to the common belief that Republicans cut tax thus economy grows faster, history (1948-2007)shows under Dem Presidency, economy grew 1.14% faster than under GOP.  And the second historical fact is, not surprisingly, income tended to grow more equalized under Democrats than under Republicans.