..many governmental actions -- including several pursued by Franklin Roosevelt during the Great Depression -- can make things worse. I wish I could be confident that the array of U.S. policies already in place and those likely forthcoming will be helpful. But I think it more likely that the economy will eventually recover despite these policies, rather than because of them.Wisdom from Robert Barro at the Wall Street Journal. Read the full article
Election Economic Misconceptions (11) Government Expenditure causes
Inflation
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Politicians (mostly on the right) frequently claim that increased
government expenditure causes inflation. This is simply not true.
If the economy is ov...
1 week ago

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