John Taylor has a good post on a recent study by Alan Blinder and Mark Zandi on the effectiveness of fiscal and financial intervention. Dr. Taylor found some faults with the paper. And other reputable blogs have joined the discussion.(HT to Russ Roberts at Cafe Hayek).
There was also a TV debate between Dr. Taylor and Dr. Zandi on PBS.
The debate was informative and showed some areas of agreement as well as disagreement - as most debates are likely to do. Here’s the link if you can’t get the video above.
All of the reading and watching are worthwhile for that unit on fiscal policy. After all, one of the questions you're likely to hear is "does/did it work?"
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