Justin Wolfers, writing in the New York Times Upshot blog, shows that most economists believe the 2009 fiscal stimulus worked and the benefits were greater than the costs. There are two good charts showing how overwhelming the support for stimulus is among economists.
A place for connecting economic news and theory to the practice of teaching economics
Wednesday, July 30, 2014
Saturday, July 26, 2014
Wall Street's View of Economic Models & Policy
Noah Smith has an article on economic models and how it affects Wall Street's view of economic policy.
Should the Fed Have a Policy Rule
Mark Thoma has an article laying out the the pros and cons of having the Fed follow a Taylor Rule.
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