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Against the Big Stimulus

Club for Growth found this 1/5/2009 on econlog.econlib.org

(January 5, 2009 08:54 AM, by Arnold Kling) After reading Willem Buiter's long piece (pointer from Mark Thoma), I decided that it is time to come out firmly against a large fiscal stimulus. Instead, I would prefer a small stimulus. The case for a large stimulus appears to...