The years following the global economic crisis of 2008-2009 have been marked by policy uncertainty, both in the US and across the world. In new research, Scott R. Baker, Nicholas Bloom, and Steven Davis develop an index of economic policy uncertainty to examine how this uncertainty shapes economic outcomes. Using data going back to 1900 and extending coverage to […]
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Professor Hans G. Despain reviews The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy by Stephanie Kelton