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Politico | Obamacare: 5 states to watch
States entered 2012 not knowing whether President Barack Obama’s health care law would survive. They enter 2013 facing the reality of impending deadlines and tough choices that can’t be put off much longer.
Econ Comments & Analysis
Real Clear Markets | NGDP's Advocates Overstate Monetarism's Effectiveness
Canadian central bank chief Mark Carney, who will become governor of the Bank of England in June, caused a stir on both sides of the Atlantic when he appeared to endorse a monetary policy based on nominal gross domestic product (NGDP) targeting - a new monetary policy framework. A fresh approach to the current policy, which has manifestly failed to guarantee macroeconomic stability, is certainly long overdue. But could NGDP targeting have really prevented the financial meltdown and the ensuing recession as its advocates claim?
