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 the world.

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

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.

I'm a registered Democrat.

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

Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

A home is still the biggest asset that most Americans own.