ECONOMIC POLICY. ( Or… “ How Many Harvard Economists Does It Take to Craft an Economy Policy? ”. FISCAL VS. MONETARY POLICY. FISCAL POLICY Tax and spend to affect economy Deficit vs. Surplus. MONETARY POLICY Use interest rates to control economy
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“How Many Harvard Economists Does It Take to Craft an Economy Policy?”
Milton Friedman (1912-2006)
John Kenneth Galbraith
Paul Craig Roberts