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The Baseline Scenario

Visit Site - http://baselinescenario.com/

Simon Johnson

The Baseline Scenario is dedicated to explaining some of the key issues in the global economy and developing c [Read More]

Categories: Economics | Finance/Investing


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Latest Posts:

A New Economic Vision, in 27 Words
By James Kwak A couple of weeks ago I posted a 6,000-word essay laying out a new economic vision for the Democratic Party. It kind of vanished into the ether, although Stephen Metcalf was kind enough to say this: Reupping. … Continue reading ?...
The Baseline Scenario
Wednesday, June 28, 2017


The Importance of Fairness: A New Economic Vision for the Democratic Party
By James Kwak A lot has been written recently about the direction of the Democratic Party. This is what I think. I have been a Democrat my entire life. Today, the Democratic Party matters more than ever because it is … Continue reading ?...
The Baseline Scenario
Thursday, June 15, 2017


Economism and Arbitration Clauses
By James Kwak As banking scandals go, Wells Fargo opening millions of new accounts for existing customers so that it could pump up its cross-selling metrics for investors is about as clear-cut as it gets. It's up there with HSBC … Continue reading ?...
The Baseline Scenario
Wednesday, May 31, 2017


How Markets Work
By James Kwak The Congressional Budget Office's assessment of the Republican health care plan, as passed in the House, is out. The bottom line is that many more people will lack health coverage than under current law—23 million by 2026—even though … ...
The Baseline Scenario
Thursday, May 25, 2017


Fees Add Up
By James Kwak Public pension funds are having a tough time. On the one hand, the average funding ratio (assets as a percentage of the present value of future obligations) is below 80% because of inadequate contributions by sponsors (states and … Cont...
The Baseline Scenario
Monday, May 22, 2017


Soak the Poor, Feed the Rich
By James Kwak After the dangerous clown show that has been the Trump White House, it's comforting to return to some good, old-fashioned conservative policymaking: bashing the poor to cut taxes on the rich. I'm talking, of course, about the … Continue...
The Baseline Scenario
Tuesday, March 7, 2017


Review Copies of Economism
By James Kwak If you teach introductory economics or introductory micro, at either the high school or university level, and you're interested in possibly using Economism in your class, let me know and I'll send you a (free) review copy. Just email … ...
The Baseline Scenario
Sunday, March 5, 2017


Why Is Connecticut Giving Its Employees' Money to the Asset Management Industry?
By James Kwak In general, the State of Connecticut offers pretty good defined contribution retirement plans to its employees. Most importantly, it offers several low-cost index funds in institutional share classes. For example, you can invest in the ...
The Baseline Scenario
Monday, January 30, 2017


The Right to Have Rights
By James Kwak There's a story you hear often these days. The story is that America has too many lawsuits: too many lawyers, too many people filing frivolous suits, too many excessive damages awards by juries, and so on. This story is the … Continue r...
The Baseline Scenario
Friday, January 27, 2017


Economism and Economics
By James Kwak One point I try to be clear about in my new book is that economism—the assumption that simple Economics 101 models accurately describe the real world—is not the same as economics. There are people who think that … Continue reading ?...
The Baseline Scenario
Tuesday, January 24, 2017



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