Thursday, September 16, 2010
Proven Economic Principles
Today’s Wall Street Journal article by George Shultz, Michael Boskin, John Cogan, Allan Meltzer and me shows that the financial crisis, recession, and continued high unemployment have been caused by government policies that have deviated from proven economic principles. The solution is to get back to those principles. How? The article describes the principles and outlines a five-part economic strategy to get back to them.
Posted by John B. Taylor at 4:34 AM