6 min 21 sec - May 13, 2006. Brad DeLong's Morning Coffee. Technocrats--the Federal Reserve--handle our monetary policy. Should we change our system so that technocrats handle our fiscal policy as well?
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» Time for a Fiscal Stabilization Board? Perhaps Not. from The Reconstruction
Brad DeLong asks, over his morning Diet Pepsi, if it is time to create a fiscal stabilization board to control government spending in the way that the Federal Reserve controls monetary policy. His argument is simple and practical. He argues that pol... [Read More]