Learning from Our Neo-Keynesian Experiment

The American Recovery and Reinvestment Act of 2009, also known as "the stimulus bill," was signed into law in February. What's happened since then? What are the long-term implications? What can we learn from this experiment? The Trends editors share relevant insights and forecasts.

When the American Recovery and Reinvestment Act of 2009 was signed in February 2009, White House economists cited Keynesian models that predicted that the $787 billion stimulus package would provide a big enough boost to.....