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Archive: Sep 2019

Getting and Keeping a High-Pressure Economy

September 26, 2019 Dean Elmendorf spoke at the Federal Reserve Bank of San Francisco’s Fed Listens event. In his remarks, he discussed the benefits of getting and keeping a high-pressure economy. Read the remarks »

A Brief Appreciation of William Julius Wilson

September 13, 2019 Remarks given at the William Julius Wilson Retirement Symposium Good morning. I am delighted to offer a warm welcome to all of you, on behalf of myself and everyone at Harvard Kennedy School. I am deeply honored to be able to play…

Yes, we still have the fiscal capacity to deal with a recession

September 3, 2019 (published in the Washington Post) As fears of imminent recession have climbed in recent weeks, many are warning that the U.S. government does not have the budget capacity to mount an effective response to an economic downturn.…