by Henry Oliner | Jan 8, 2023 | Economics
Deficit spending is stimulative to economic growth: raising taxes on business and higher interest rates are a disincentive to economic growth. Doing both at the same time is incoherent and a recipe for stagnation. If there is a tradeoff between a recession and...
by Henry Oliner | Feb 22, 2017 | Economics
From Marc Levinson at The Wall Street Journal, Why the Economy Doesn’t Roar Anymore: Historically, boom times are the exception, not the norm. That isn’t true just in America. Over the past two centuries, per capita incomes in all advanced economies, from Sweden...
