December 28, 2012 at 14:39 PM EST
Nominal GDP Targeting: Still A Skeptic
In a few days the clock will run out on another year of disappointing economic growth in the United States and, generally speaking, in the world. It is inevitable and appropriate, then, that the year-end ritual of looking forward by looking backward will include an assessment of whether more or better policy can contribute to a pick-up in growth that failed to materialize in 2012. [More...]
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