Why Can't Economists Agree on Deficit?

Mark Thoma has a good article in Fiscal Times about the reasons why economist disagree over the Federal deficit. As Thoma points out, and explains, the divide between economists is based on the classical-Keynes split.

Fiscal Times

As a teacher, I am always on the lookout for a good source for thoughtful articles for my students. From Mark Thoma's blog, I just learned about a new on-line journal "The Fiscal Times". It looks pretty good and balanced, with a wide range of articles.

Check it out.