Michael Perelman wrote:
It may be that the rational expectations of the tax cut have succeeded in eliminating the downturn.
Five Fed easings - and 75 central bank easings worldwide since December - probably had more to do with it.
Doug
- RE: Re: RE: Re: RE: Re: Keynesian economics 101, (continued)
- RE: Re: RE: Re: RE: Re: Keynesian economics 101, Max Sawicky Tue 22 May 2001, 15:41 GMT
- Re: RE: Re: RE: Re: RE: Re: Keynesian economics 101, Doug Henwood Tue 22 May 2001, 15:49 GMT
- Re: Re: RE: Re: RE: Re: Keynesian economics 101, Jim Devine Tue 22 May 2001, 16:01 GMT
- Vaporware, Michael Perelman Tue 22 May 2001, 16:11 GMT
- Re: Vaporware, Doug Henwood Tue 22 May 2001, 16:15 GMT
- monetary policy, Jim Devine Tue 22 May 2001, 16:46 GMT
- Re: Re: Vaporware, Michael Perelman Tue 22 May 2001, 16:52 GMT
- Re: Re: Re: Vaporware, Doug Henwood Tue 22 May 2001, 16:56 GMT
- Re: Vaporware, Carrol Cox Tue 22 May 2001, 17:39 GMT