Christine Romer, chair of the Council of Economic Advisers, continues to take questions about how she supports the Obama administration's fiscal policy response to the recession, when much of her past writing suggests that monetary policy has been the path toward recovery. Yesterday, Fox's Chris Wallace put the question to her in a new way:
For background, you can read Christine and David Romer's 1994 paper, What Ends Recessions? here (paid content). This Minneapolis Fed interview with the Romers from 2008 is also instructive (and it is free).
Posted
03-23-2009 9:18 AM
by
Graham Griffith