Fiscal Policy

Monday, November 29th, 2010
"The sudden increase in capital investments would create jobs and encourage economic growth, which would then make it possible to weather the interest rate hikes the Fed would inevitably adopt to keep inflation from getting out of hand.
Monday, November 29th, 2010
"Last year the consensus opinion was that we are all Keynesians now. Virtually everyone in the commentariat believed that John Maynard Keynes’s solution for the Great Depression—heavy government spending to resuscitate the economy—was also the answer to today’s global downturn.
Tuesday, November 23rd, 2010
"Inflation, as measured by the IPCA-15 price index, quickened to 0.86 percent in the month through mid-November from the same period a month earlier, the fastest pace in 9 months, the national statistic agency said today.
Tuesday, November 16th, 2010
"The president of the European Union has warned that the EU could collapse unless the debt crisis that is gripping the region is resolved.
Tuesday, November 9th, 2010
"The euro came under pressure as worries over the finances of countries on the edges of the eurozone continued to undermine the single currency.
Monday, November 8th, 2010
"Vol. 8 of The Collected Works. Democracy in Deficit is one of the early comprehensive attempts to apply the basic principles of public-choice analysis to macroeconomic theory and policy.
Tuesday, September 28th, 2010
"This happy outcome was a result of serious efforts by the Finance Ministry to contain budget expenditure and by the Central Bank to restrain excessive monetary growth.

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