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03 Oct 09

Historically, that approach has not worked. The progressives failed to gain more than brief ascendancy, and the Carter and Clinton presidencies were marked by striking policy failures. The reason, Schambra says, is that this highly rational, comprehensive approach fits uncomfortably with the Constitution, which apportions power among so many different players, most of whom are far more concerned with the particulars of policy than its overall coherence.

21 Sep 09

http://faculty.chicagobooth.edu/john.cochrane/research/Papers/fiscal2.htm

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fiscal policy macro

18 Sep 09

Clinton’s Health Defeat Sways Obama’s Tactics - NYTimes.com

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politics policy

23 Jun 09

Working in Congress: Barking at the ref | KeithHennessey.com

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politics economics policy

28 May 09

No Risk, No Reward Part II : 5 More GOP Policy Changes | The Next Right

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conservative politics policy

14 May 09

No Risk, No Reward: Part I | The Next Right

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policy

11 Apr 09

TheMoneyIllusion » What’s the point of fiscal stimulus and QE?

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macro fiscal policy good

02 Mar 09

The Economic Need for Stable Policies, Not a Stimulus [Extended version]: Scientific American

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economic policy

13 Feb 09

My Current Outline, Arnold Kling | EconLog | Library of Economics and Liberty

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fiscal policy

Worthwhile Canadian Initiative: Ricardian Equivalence and government spending

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macro fiscal policy

Econbrowser: Five Reasons Why Fiscal Policy Might Be Completely Ineffective: A Textbook Exposition

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fiscal policy

How economists analyze the stimulus - The Atlantic Business Channel

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fiscal policy

Econbrowser: Pocketful of Multipliers (II): Options for Stimulus Packages

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fiscal policy

26 Jan 09

Economist's View: "Laffer-able"

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fiscal policy

Tax cuts for the well to do - who are not borrowing constrained - will likely have NO aggregate demand stimulus effect as I have often argued (aka either Life Cycle or Ricardian Equivalence) models so if this is what the Republican Party have in mind - it is based on hogwash economics. Tax cuts for the working poor, however, may be a good idea as these households will consume much of the tax cut. I think this is what Obama has in mind. If your argument is that we should go with the kind of tax cuts Obama campaigned on - I agree. But tax cuts for Bill Gates is just stupid from a Keynesian point of view.