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How Not to Stimulate the Economy
In thinking through the fiscal policy options and their implications, it might be useful to compare a few hypothetical, fanciful scenarios. Suppose that the federal government borrows some money and then... Case A : uses the money to give a lump-sum payment (such as a tax rebate) to Bob, who ...
Why The IMF’s Decision To Agree A Lavian Bailout Programme Without Devaluation Is A Mistake
Why The IMF’s Decision To Agree A Lavian Bailout Programme Without Devaluation Is A Mistake
fistfulofeuros.net — The IMF finally announced it’s Latvia “bailout” plan on Friday . The plan involves lending about €1.7 billion ($2.4 billion) to Latvia to stabilise the currency and financial support while the government implements its economic ... (more) Why The IMF’s Decision To Agree A Lavian Bailout ...
Guest Post: "How Can No One See An Imminent Fall in Chinese GDP and a Secular Slowdown Thereafter?"s
nakedcapitalism.com — I am now wondering if Google censors posts (I use Blogger), I put this post up at 1:33 AM, and even had a reader e-mail me that the post had disappeared (with no listing in "Recent Posts" which happens if I put up a post and then remove it). I have ... (more) Guest Post: "How Can No One See An Imminent Fall in ...
Fiscal policy and the credit crunch: What will work?
VoxEU.org — Daniel Gros , 21 December 2008 Most countries need a fiscal stimulus, but how should it be implemented? This column assesses fiscal policy's potential to increase demand and argues that any meaningful boost must come from transfers to the private ... (more) Fiscal policy and the credit crunch: What will work?
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Monday links: a radical reduction in debt
Abnormal Returns — ... “Willy-nilly spending is a good way to stimulate the economy only if the outcome is judged by the wrong metric.”  (Mankiw Blog) ...

Tuesday's Daily News
Club for Growth — THE DAILY NEWS Our Society is Unused to Economic Pain - Brian Wesbury & Bob Stein, Forbes Obama Has to Lead the Way on Trade - Clive Crook, Financial Times Corruption's Cost, Beyond Blagojevich - Don Boudreaux, CS Monitor DC Lobbying Booms as Economy Tanks - Alexander Bolton, The Hill How Not to Stimulate the Economy - Greg Mankiw, Greg Mankiw's Blog Sarbanes-Oxley Revisited - Brian Doherty, Reason Capital Is On Strike - Rich Karlgaard, Forbes Another Great ...

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