Tag: world war II
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Depression Lessons: How Much Fiscal Stimulus?
There's lots of talk these days on upcoming fiscal stimulus–how much it should be and how it should be delivered. The NYT Economix blog offers recommendations from several economists, assuming a $500-billion package. Here's one that Greg Mankiw likes. When it comes to the size of the stimulus–and as Krugman argues quite cogently, in this…