Most economists believe we have the monetary and fiscal instruments and understanding to avoid collapse on that scale.
My own unpleasantness with Ferguson began when he tried to weigh in on monetary versus fiscal policy without understanding basic macroeconomics.
As a new Monkee's owner, Maready had to master many skills — including using the computer, buying merchandise and understanding fiscal constraints.
"Understanding Fiscal Responsibility" was introduced at a ceremony featuring Peter Orszag, a former Obama administration official who left to join Citigroup.
Related | The article "Q&A: Understanding the Fiscal Cliff" from The Times's Economix blog explains what might happen if the United States goes over the fiscal cliff: Almost everyone who pays taxes would see a hit to take-home pay in the first paycheck of January.
For many months, businesses had been worrying that Mr. Bloomberg, who brought both fiscal rigor and an understanding of corporate folkways to the job, would be out of office next year.
The deferred-pay plan, known as a lag payroll, forces workers to give up a week's salary in this fiscal year on the understanding that they will be paid another week's salary when they retire.
Find spending information and fiscal history, budget basics, including Understanding New York City's Budget, economic forecasts, federal and state aid, and more.
With its emphasis on money supply, monetarism enjoyed an enormous vogue in the 1970s but faded by the 1990s as economists increasingly adopted an approach that combined the old Keynesian emphasis on fiscal policy with a new understanding of monetary policy.
And in this book he weaves their stories into a sharp-edged narrative that leaves readers with a visceral understanding of the fiscal recklessness that lies behind today's headlines about Europe's growing debt problems and the risk of contagion they now pose to the world.
This study attempts to provide a better understanding of principals' fiscal and labor resources and how they acquire and utilize them by addressing five core questions: (1) What are the background characteristics of California principals, and how do these attributes compare with principals in other states?
