AEI's monthly newsletter on economic trends in the United States and abroad, written by Visiting Scholar John H. Makin.

2008

July - The Fed's Dilemma
June - False Dawn
May - Wealth Enhancement and Storage
April - Denial, Hope, and Panic
March - Japan's Lost Decade: Lessons for the United States in 2008
February - The Risk Cycle
January - Fine in 2009 (Not So Great in 2008)

2007

December - Why Do Financial Firms Take Too Much Risk?
November - One Fix Too Many
October - Global Rebalancing
September - The Music Stops
August - The Band Plays On
July - Why Interest Rates Are Rising
June - The Remarkable American Consumer
May - Weaker Capital Spending Cuts Growth Forecast
April - Recession in 2007?
March - Risk and Return in Subprime Mortgages
February - The Economy, Profits, and Stocks
January - The Wealth of Modern Nations

2006

December - Housing and American Recessions
November - U.S. Slowdown: Self-Correcting or Self-Reinforcing?
October - A Case for Inflation Targets in the United States and Japan
September - Soft Landing or Stagflation?
August - America's External Balances
July - Greenspan's Inflation Is Bernanke's Problem
June - Fed Uncertainty Means Market Uncertainty
May - China Needs to Float the Yuan--for China's Sake
April - What Is Tight Money?
March - Japan Gingerly Exits Deflation
February - Bond Market Bubble?
January - The Fed: Pulling on a Rubber Band

2005

December - Why the Dollar Is Rising . . . Again
November - Japan Moves toward Sustainable Recovery
October - Can Disasters Be Good for Growth?
September - America's Resilient Consumers
August - Can the Fed Achieve a Goldilocks Tightening?
July - Europe's Struggling Currency Union
June - What Markets Are Saying
May - The Difficult Search for "Neutrality"
April - Greenspan's Second Bubble
March - Should Americans Save More?
February - Slower Growth
January - What Determines Interest Rates?

2004

December - Time for More Currency Flexibility
November - Listen to the Markets
October - The Recovery: Three Years On
September - Oil and Stagflation
August - Normalization Means Higher Inflation
July - Japan Rising
June - China: The Unplannable, Planned Economy
May - Paradise Lost
April - America Demands; China Supplies
March - Watch Growth, Not Exchange Rates
February - The Opposite of Stagflation
January - As Good as It Gets

2003

December - "Animal Spirits" and Policy Stimulants
November - The World Economy after Dubai
October - A Sustainable U.S. Recovery?
September - Is Japan Recovering?
August - The Fed Abandons Bold Reflationary Measures
July - Threefold Stimulus Means Strong Growth
June - The Weaker Dollar Is Good News
May - Time to Target Inflation
April - Ill Winds
March - Greenspan Is Wrong
February - More Tax Cuts, Please
January - Gold and Deflation

2002

December - Time to Print Money
November - Don't Count Too Much on Central Banks
October - The Fed Didn't Cause the Stock Market Bubble
September - After Irrational Exuberance
August - Rational Saturninity
July - Japan's Choices
June - What's in Store for the Dollar?
May - Has the Recession Started Yet?
April - A Fiscal Boost Ends the Recession for Now
March - America's Bad News/Good News Syndrome
February - The U.S. Economy Still Needs Tax Cuts
January - Japan in Depression

2001

December - The Deflation Monster Still Lives
November - Don't Count on a V-shaped Recovery
October - Uncertainty
September - Is the Productivity Miracle Over?
August - Forget the Second-Half Recovery
July - Is the Fed "Trigger Happy?"
June - Japan Needs a Current Account Deficit
May - Why the Dollar is Strong
April - A Primer on Depressions
March - Recession Denial Will Prolong the Downturn
February - Japan's Lost Decade
January - America's Harder Hard Landing

2000

December - The "Double or Nothing" Market
November - Bubble Trouble
October - Oil: It Could Get Ugly
September - The Mythical Benefits of Debt Reduction
August - America's Dangerous "Slowdown"
July - Japan Battles the Paradox of Thrift
June - The Need to Fear a Hard Landing
May - America's Destabilizing Wealth Explosion
April - Japan: It's the Economy, Stupid!
March - The Fed Struggles To Balance Growth
February - The Present U.S. Expansion Outshines The 1960s Expansion
January - How The Bubble Bursts

1999

December - The Myth Of Clintonomics
November - Can Japan Grow?
October - What Should Central Banks Do?
September - Interest Rates
August - Tension Rising
July - 1999: A Year of Living Less Dangerously
June - The Fed Changes Gears
May - Can Japan Have A Golden Age?
April - The End of the Golden Age
March - The Dangerous Preference For Fixed Exchange Rates
February - What Next?
January - The Deflationary Fear Of Inflation

1998

December - The Fed's Miracle Cure
November - The Fed Confronts Financial Panic
October - Interference with Free Markets Causes Global Crisis
September - The Benefits Of Devaluation In A Deflationary World
August - Mr. Greenspan's Dilemma
July - Japan Joins The Crisis Week Club
June - What Ends the Party?
May - Asia's Crisis Is Not a Currency Crisis
April - The Case for More Pessimism
March - Can Goldilocks Survive?
February - Is the Asian Crisis Over?
January - The Painful Death of the Japanese Model

1997

December - Asian Deflation Threat Grows Ugly
November - Perils of Prosperity
October - Two New Paradigms
September - America Reflates While Asia Deflates
August - America Is a Developing Country
July - A Single Money for Europe?
June - International Exuberance
May - How High Will the Fed Push U.S. Interest Rates?
April - The Golden Age of Forecasting - by James K. Glassman
March - Strong Dollar Overpowers Current Account, G-7
February - America's Amazing Self-regulating Economy
January - Central Bankers and Stock Markets

1996

December - Japan's Disastrous Keynesian Experiment
November - Weakness in European and Japanese Economies Extends U.S. Expansion
October - How Low Should Inflation Go?
September - Can America Grow Faster?
August - Watching Out for August
July - Is U.S. Economic Performance Too Good to Be True?
June - Balanced U.S. Growth: Extended Expansion, Stable Prices, and a Stronger Dollar
May - Is the Golden Age Over?
April - Should We Fear the Fear of Inflation?
March - Can the Soft Landing Last Forever?
February - Clouds on the U.S. Economic Horizon?
January - Is 1995 Another 1928?

1995

December - The U.S. Economy: Back to Pre-Great Society Health
November - World Economy Stalls
October - The Central Banks' Guns of August
September - Plaza Accord Redux
August - Central Banks Switch to Easy Money Contest
July - Ending the Central Bank's Tight Money Contest
June - Markets Celebrate U.S. Economic Slowdown
May - Is This the Golden Age?
April - The Fed's New Hemispheric Dollar Standard
March - Soft Landing: Soft Thinking
February - Pray for Slower U.S. Growth
January - Growth Surprises in 1994: Inflation Surprises in 1995