Minnesota economists watch debt ceiling crisis closely

V.V. Chari and Art Rolnick discuss the debt ceiling on Kare 11 TV.

Would U.S. Debt Default Trickle Down to Minnesota?

Chris Phelan talks to Fox 9 TV about the potential effects for consumers if the U.S. debt ceiling is not raised.

The Factory Age Isn't Over

The number of factories in the United States employing more than 1,000 workers fell by one-third from 1997 to 2007, leaving 1,014 such factories. The New York Times reports on a new study by Tom Holmes that puts an interesting twist on this familiar narrative. It reports that most of those factories did not close, they simply employ fewer people.

Markets bet against debt default

If the government doesn't raise its debt ceiling so it can borrow more, the U.S. will default on loan payments for the first time in its history. One of the first signs that Wall Street thinks that won't happen will be increased premium rates for credit default swaps said V.V. Chari in a Star Tribune article.

Top Minnesota economists analyze impact of tax policy

Four Minnesota economists, including V.V. Chari, discuss the economic underpinnings of the debate over cutting budgets and raising taxes on MPR's Midday program.