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[...] model, you get a big result.” [3] Seemingly in response to these criticisms, Christina and David Romer, [4] two well-known New Keynesian economists, just released a detailed analysis of Friedman’s [...]
beingclassicallyliberal.liberty.me
[...] presidency. It’s also worth noting that research by Keynesian economists Christina and David Romer states: “[W]e find that a tax increase of one percent of GDP lowers GDP by about 3 [...]
beingclassicallyliberal.liberty.me
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