TITLE

Post-recession policies matter more than theory

AUTHOR(S)
Hicks, Mike
PUB. DATE
September 2009
SOURCE
Indianapolis Business Journal;9/14/2009, Vol. 30 Issue 28, p31A
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The author reflects on the significance of putting into action the post-recession economic policies in the U.S. The author highlights the theories of economists Paul Krugman and Robert Lucas regarding recessions, in which, they opined that such situations develop because of the bursting of financial bubbles. The author relates such theory to the fiscal stimulus passed by the U.S. Congress and the efforts of the Federal Reserve.
ACCESSION #
44347226

 

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