I’ve seen some speculation that the decision by the Business Cycle Dating Committee of the National Bureau of Economic Research to declare that the recession ended in the November of 2001, despite the still-grim employment picture, will help Bush because he now no longer has to say how he’s going to get us out of the recession. But if the recession ended two years ago, then what is he going to blame for the $450 billion deficit in the budget he just proposed?
Author: Mark Kleiman
Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out.
Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken)
When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist
Against Excess: Drug Policy for Results (Basic, 1993)
Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989)
View all posts by Mark Kleiman