Confessions of a Supply-Side Liberal

A Partisan Nonpartisan Blog: Cutting Through Confusion Since 2012

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Messed-Up Macro →

April 04, 2015 by Miles Kimball
Once beliefs and expectations are introduced into economics, as is surely reasonable, the results of fiscal and monetary policy become indeterminate. Too much depends on what people think the results of the policy will be.
April 04, 2015 /Miles Kimball
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