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	<title>Comments on: Stimulus and Ideology: What&#039;s the Score</title>
	<atom:link href="http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/feed/" rel="self" type="application/rss+xml" />
	<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/</link>
	<description>The Sweet Release of Reason</description>
	<lastBuildDate>Tue, 22 May 2012 20:28:45 +0000</lastBuildDate>
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		<title>By: sex toys</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20338</link>
		<dc:creator>sex toys</dc:creator>
		<pubDate>Thu, 22 Oct 2009 00:41:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20338</guid>
		<description>The Cato Institute to have a survey of macroeconomists taken?</description>
		<content:encoded><![CDATA[<p>The Cato Institute to have a survey of macroeconomists taken?</p>
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		<title>By: sex toys</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20337</link>
		<dc:creator>sex toys</dc:creator>
		<pubDate>Sat, 07 Feb 2009 22:53:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20337</guid>
		<description>thanks!</description>
		<content:encoded><![CDATA[<p>thanks!</p>
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		<title>By: &#34;Stimulus&#34; Package, eh? Hmmm... - AFboard</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20336</link>
		<dc:creator>&#34;Stimulus&#34; Package, eh? Hmmm... - AFboard</dc:creator>
		<pubDate>Tue, 27 Jan 2009 19:06:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20336</guid>
		<description>[...] men. It&#039;s the only job where you can be wrong half the time and people still want your opinion.   Stimulus and Ideology: What&#8217;s the Score    __________________  &gt; . . When you register at www.theafstore.com make sure you register as an [...]</description>
		<content:encoded><![CDATA[<p>[...] men. It&#8217;s the only job where you can be wrong half the time and people still want your opinion.   Stimulus and Ideology: What&#8217;s the Score    __________________  &gt; . . When you register at <a href="http://www.theafstore.com" rel="nofollow">http://www.theafstore.com</a> make sure you register as an [...]</p>
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		<title>By: Pithlord</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20335</link>
		<dc:creator>Pithlord</dc:creator>
		<pubDate>Mon, 26 Jan 2009 05:19:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20335</guid>
		<description>I&#039;m a little depressed that you want to give comfort to the people who want to dismiss modern economics because it can&#039;t answer everything.&lt;br&gt;&lt;br&gt;You need to distinguish between the scientific proposition that Say&#039;s law doesn&#039;t automatically hold and therefore aggregate demand can be propped up by monetary or fiscal instrument with the more tortured question of how best to do this and whether government can deliver what would be technically ideal. The former question has been answered, and truthful macroeconomists will tell you Hayek was wrong and Keynes right, even if they prefer Hayek&#039;s politics. The latter question is more a matter of practical judgment than economic science. Naturally, ideology becomes a bigger predictor than expertise at that point.</description>
		<content:encoded><![CDATA[<p>I&#39;m a little depressed that you want to give comfort to the people who want to dismiss modern economics because it can&#39;t answer everything.</p>
<p>You need to distinguish between the scientific proposition that Say&#39;s law doesn&#39;t automatically hold and therefore aggregate demand can be propped up by monetary or fiscal instrument with the more tortured question of how best to do this and whether government can deliver what would be technically ideal. The former question has been answered, and truthful macroeconomists will tell you Hayek was wrong and Keynes right, even if they prefer Hayek&#39;s politics. The latter question is more a matter of practical judgment than economic science. Naturally, ideology becomes a bigger predictor than expertise at that point.</p>
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		<title>By: Jayson Virissimo</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20334</link>
		<dc:creator>Jayson Virissimo</dc:creator>
		<pubDate>Mon, 26 Jan 2009 04:46:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20334</guid>
		<description>Will, are you able to use your influence at The Cato Institute to have a survey of macroeconomists taken? It would be very instructive to know what they think of the stimulus plan.</description>
		<content:encoded><![CDATA[<p>Will, are you able to use your influence at The Cato Institute to have a survey of macroeconomists taken? It would be very instructive to know what they think of the stimulus plan.</p>
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		<title>By: mike</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20333</link>
		<dc:creator>mike</dc:creator>
		<pubDate>Mon, 26 Jan 2009 01:57:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20333</guid>
		<description>Uh, that list leans pretty darn hard to the right.  And I think Mankiw, while widely advertising &#039;con&#039; positions, hasn&#039;t come out strongly against any stimulus at all.  I&#039;d be surprised if you could pin him down on that.&lt;br&gt;&lt;br&gt;I&#039;m quite sure that if you polled the top 100 macro economists there would be overwhelming support for stimulus.  &lt;br&gt;&lt;br&gt;Credibility here is sinking *way* fast.</description>
		<content:encoded><![CDATA[<p>Uh, that list leans pretty darn hard to the right.  And I think Mankiw, while widely advertising &#39;con&#39; positions, hasn&#39;t come out strongly against any stimulus at all.  I&#39;d be surprised if you could pin him down on that.</p>
<p>I&#39;m quite sure that if you polled the top 100 macro economists there would be overwhelming support for stimulus.  </p>
<p>Credibility here is sinking *way* fast.</p>
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		<title>By: GilM</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20332</link>
		<dc:creator>GilM</dc:creator>
		<pubDate>Sun, 25 Jan 2009 22:38:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20332</guid>
		<description>Which one?</description>
		<content:encoded><![CDATA[<p>Which one?</p>
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		<title>By: Bill Woolsey</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20331</link>
		<dc:creator>Bill Woolsey</dc:creator>
		<pubDate>Sun, 25 Jan 2009 19:51:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20331</guid>
		<description>DeLong looks like a macroeconomist to me.</description>
		<content:encoded><![CDATA[<p>DeLong looks like a macroeconomist to me.</p>
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		<title>By: conchis</title>
		<link>http://willwilkinson.net/flybottle/2009/01/25/stimulus-and-ideology-whats-the-score/#comment-20330</link>
		<dc:creator>conchis</dc:creator>
		<pubDate>Sun, 25 Jan 2009 19:35:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.willwilkinson.net/flybottle/?p=2596#comment-20330</guid>
		<description>Not sure about the classification of Acemoglu as &quot;Con&quot;. From the linked piece:&lt;br&gt;&lt;br&gt;&quot;These concerns are not a sufficient reason for rejecting the stimulus plan, but rather a call to consider its implications for long-run growth. Decisive action on the crisis is necessary; not just soften the blow of the recession but also to avoid a backlash that could be deeply harmful to long-run growth...&lt;br&gt;&lt;br&gt;...A comprehensive stimulus plan, even with all of its imperfections, is probably the best way of fighting these dangers. Nevertheless, the details of the stimulus plan should be designed so as to cause minimal disruption to the process of reallocation and innovation.&quot;&lt;br&gt;&lt;br&gt;It&#039;s possible, of course that he&#039;s he&#039;s written something critical of the details elsewhere.</description>
		<content:encoded><![CDATA[<p>Not sure about the classification of Acemoglu as &#8220;Con&#8221;. From the linked piece:</p>
<p>&#8220;These concerns are not a sufficient reason for rejecting the stimulus plan, but rather a call to consider its implications for long-run growth. Decisive action on the crisis is necessary; not just soften the blow of the recession but also to avoid a backlash that could be deeply harmful to long-run growth&#8230;</p>
<p>&#8230;A comprehensive stimulus plan, even with all of its imperfections, is probably the best way of fighting these dangers. Nevertheless, the details of the stimulus plan should be designed so as to cause minimal disruption to the process of reallocation and innovation.&#8221;</p>
<p>It&#39;s possible, of course that he&#39;s he&#39;s written something critical of the details elsewhere.</p>
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