Crazy Nut Job
Must Read: Fiscal Stimulus

Tyler Cowen has a few articles on the historic success (or lack thereof) of fiscal stimulus. I find these articles extremely informative:

  1. Fiscal policy and the burden of proof

  2. Japanese fiscal policy in the 1990s

  3. Did World War II end the Great Depression?

The punchline: there’s little convincing empirical evidence that fiscal stimulus will help. You might want to read them before you disagree.

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