Publications

One-Pager No. 5 | November 2010

Preventing Another Crisis

The Need for More Profound Reforms

There is no justification for the belief that cutting spending or raising taxes by any amount will reduce the federal deficit, let alone permit solid growth. The worst fears about recent stimulative policies and rapid money-supply growth are proving to be incorrect once again. We must find the will to reinvigorate government and to maintain Keynesian macro stimulus in the face of ideological opposition and widespread mistrust of government.

Related Publications


Publication Highlight

Working Paper No. 897
Quantitative Easing and Asset Bubbles in a Stock-flow Consistent Framework
Author(s): Cameron Haas, Tai Young-Taft
September 2017

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