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Keynesian Economics Resurrected
In a measure of how quickly its options are shrinking, the United States is about to embrace an economic theory that widely was thought to have been discredited for most of the last generation: the idea that great bursts of deficit-funded government expenditure can jolt an economy back to growth. ...more
February 9, 2009
A Reality Check on Obama's Wish List
What will an Obama administration and a Congress with increased Democratic majorities do? That's a relevant question, given the Democrats' leads in the polls. And it's a little hard to answer, given the financial crisis that has been raging and the recession that seems to be ahead. ...more
October 26, 2008
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