January 29, 2009Obama recently has been acting if his economic stimulus ideas are universally accepted. Indeed, he recently argued:
There is no disagreement that we need action by our government, a recovery plan that will help to jump-start the economy.
Indeed? Well, a group of over 200 economists, including Nobel laureates, have written a letter to Obama criticizing his [...]
January 15, 2009Economist N. Gregory Manikiw, a Professor of Economics at Harvard and former advisor to the Bush administration, has a piece at the New York Times today about the economic multiplier effect first posited by Keynes and popularized Paul Samuelson, author of early Economic textbooks. In the piece, Manikiw examines the gap between the relative effectiveness [...]
