Ryan Avent Reads Greg Mankiw

I am not sure that "interesting" is the word, Ryan.

Ryan Avent:

Fiscal policy: When does fiscal stimulus work?: Greg Mankiw has produced an interesting assessment of fiscal policy in National Affairs. He is perhaps a little unkind toward last year's stimulus package. Contra his assertion, tax cuts played a significant role in the stimulus package, and the models used by administration economists called for a larger bill than subsequently passed. It also seems odd to knock the Obama...