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My view by Silvio Canto, Jr. (Free subscription) | 21/11/2009
... private investment, and thus failed to encourage true economic growth. An analysis by economists John F. Cogan, John B. Taylor and Volker Wieland, published on this page on Sept. 17, suggests that while the stimulus succeeded in temporarily and marginally increasing disposable personal income, it left personal consumption spending virtually unchanged. Meanwhile, $112 billion...
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Anti-Dismal (Free subscription) | 05/11/2009
John B. Taylor looks at Government Failure versus Market Failure at his blog Economics One . He writes, Cliff Winston of the Brookings Institution carefully reviews three decades of empirical research on a wide range of microeconomic policy studies in his important book Government Failure versus Market Failure . He comes to the same basic conclusion; as he puts it "thirty years of...
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One Man Band (Free subscription) | 08/11/2009
... a 7.2% drop in consumer credit for September, http://bit.ly/BgoRF | pinched budgets & hard terms # John B. Taylor: Marginal tax rate in Senate h/c plan higher for poorer families, http://bit.ly/2krKrq # Powered by Twitter Tools .
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Anti-Dismal (Free subscription) | 02/11/2009
Simon Johnson, Jeffrey Miron, Russ Roberts and Mark Thoma answer the question here . Johnson says The fiscal stimulus played a decisive role in reducing the depth and pain of the recession and is now helping to get a recovery under way. Miron writes The Obama administration and many economists believe the fiscal stimulus package caused the positive G.D.P. growth, but this conclusion is...
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One Man Band (Free subscription) | 30/10/2009
Business managers can minimize risks associated with social media by archiving social media activity, http://bit.ly/2ybNRN # John B. Taylor doesn’t want to create a perm bureaucracy supporting govt bailouts & takeovers, http://bit.ly/3Tmgdj | Me neither # Congress might take note that it’s getting harder to sell US Treasury notes, http://bit.ly/8wH5x | the federal deficit...