Econ Comments
Politico | Easy deficit trim: Ax the dollar bill
The government’s own watchdog, the nonpartisan Government Accountability Office, has long advocated the elimination of the dollar bill. Its most recent report in March estimated that switching from a $1 bill to a $1 coin would save at least $5.5 billion over 30 years.
Blogs
Econlog | Fiscal Policy: A Counterexample for Krugman
The result of years of cuts in government spending was that, as a percent of GDP, federal spending on programs fell from a high of 17.5 percent in 1992-93 to 11.3 percent in 2000-01.
Coordination Problem | e Said It Before, and I Will Say It Again -- Everyone Please Read Buchanan and Wagner To Clarify What Is Going On
I would interpret this argument slightly different than the conventional wisdom --- Keynesianism is not a panacea because Keynesianism has dominated public policy making for half a century and has left us in such a state of public debt.
