Alan Krueger, recently named by President Obama to be the new chair of the Council of Economic Advisors, is perhaps best known for his claim that raising minimum wage will not reduce employment. But Krueger has had a long, varied career as a labor economist--and a history that should be especially interesting to budget cutters.

As budget negotiations between Democrats and Republicans stall, the possibility of a government shutdown on March 4 rapidly increases.

Voters seem to be rejecting the Obama Democrats' vast expansion of government, saying to leave the private sector alone so it can recover from the financial crisis recession and once again create bounteous and unscripted growth.

The increased flow of capital to the US would result in greater productivity and higher real wages.

In his State of the Union address on Tuesday, January 25, President Obama is expected to present a plan to improve the economy and reduce unemployment through competitiveness and innovation.

Lindsey and Sumerlin offer a series of memos to get the next president up to speed before Inauguration Day.

Until recently there was wide consensus among macroeconomists that activist fiscal policy was inadvisable.

Chairman Greenspan was one of the earlier identifiers of the emerging acceleration of productivity during the 1990s.