From Greg Ransom.
Apparently income - which of course equals expenditure - can shrink to a problematic level at times and the stream of income must be increased.
Sunday, October 30, 2011
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Daniel Kuehn is a doctoral candidate and adjunct professor in the Economics Department at American University. He has a master's degree in public policy from George Washington University.
What is the Hayekian plan of attack for nominal GDP targeting?
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