Subject: How to boost the economy? No one knows, says Russ Roberts.
Posted by: ballyhoo on Thu Nov 20 2008 8:00:54 AM
Message:
Roberts says he loves the word “stimulus.” It sounds like the perfect
prescription for an ailing economy. But suppose it’s all hot air.
Maybe we don't know how to make a $14 trillion economy move very
quickly. And if we did, it would take a lot more than an injection of
another $100bn – or even $300bn.