Consensus of Economists About The Stimulus?
Does anyone know of a good summary of economic consensus about the effectiveness/wisdom of the stimulus? (And/or of the wisdom of near-term austerity and so forth.) Seems like the preponderance of the sane analysis is pro-stimulus, but I can find so little stuff from the right that is readable that I'm worried I'm getting a slanted account of it.
I am shamefully ignorant of economics, so something understandable by morons would be best in this case...
Does anyone know of a good summary of economic consensus about the effectiveness/wisdom of the stimulus? (And/or of the wisdom of near-term austerity and so forth.) Seems like the preponderance of the sane analysis is pro-stimulus, but I can find so little stuff from the right that is readable that I'm worried I'm getting a slanted account of it.
I am shamefully ignorant of economics, so something understandable by morons would be best in this case...
posted by Winston Smith at
2:36 PM
1 Comments:
The Return of Depression Economics by Krugman. Yeah, yeah, it's Krugman and he is a lefty, but the examples he uses help make sense of it all, particularly why the government is not at all similar to a family when it comes to "tightening our belts."
Koll
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