http://www.economist.com/blogs/freeexchange/2008/01/enough_with_the_stimulation_al.cfm
http://www.economist.com/blogs/freeexchange/2008/01/helicopter_ben_to_the_rescue.cfm
You don't need to worry too much about the stock market implications for IB, but ask yourself
- What shape you think the writers would draw the AD/AS curve?
- What do they think about the Phillips curve?
- What is NAIRU?
- Can fiscal policy get an economy out of an economic slump? What are the risks in using fiscal policy?
