Difference between revisions of "What Do We Know About The Effects Of Fiscal Policy? Separating Evidence From Ideology"
From Critiques Of Libertarianism
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| − | {{DES | des = [[Christina Romer]]'s empirical confirmation of Keynesian fiscal stimulus theory is a beautiful | + | {{DES | des = [[Christina Romer]]'s empirical confirmation of Keynesian fiscal stimulus theory is a beautiful example of how econometric research can answer important questions with natural experiments. It shows clearly what's wrong with Austrian and most other conservative economic reasoning. She explains how to deal with [[omitted variable bias]], and where that hasn't been done in opposing research. | show=}} |
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