I've done work for both Democrats and Republicans.

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

The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.

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

They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny.

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.