Hey, we’re making some progress over here at MR. Steve Waldman had a great post up a few days ago about fiscal rules. Down in the comments about the TC rule, I got some intelligent push back from people about how this blog was supposed to be less political and more descriptive. People were rightly [...]
Why the TC Rule (and Nearly All Fiscal Rules) are Less Political than Monetary Policy
February 5, 2012 By
Why Include Population Growth in Fiscal Policy?
February 5, 2012 By
Hey everyone, the comments section was excellent from the last post. So much there I can’t even come close to responding to everything. Here was a good question about population growth from Noam, and it’s inclusion in the TC rule. “I don’t understand including population growth. Say a nation has 10% population growth. Should it [...]




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