More on the Demise of Supply-Side Econ
by Craig Jennings, 4/6/2007
To follow up Dana's post about the NYT's obit for supply-side economics, I want point you to a couple of related posts.
First, Kevin Drum @ Washington Monthly:
I got to wondering if serious supply-siders got tired of having their entire school of thought made into a laughingstock by today's endless parade of yahoos blathering mindlessly about how tax cuts always and everywhere magically increase revenue. Surely they find such childishness embarrassing?
And there's a fascinating (for econ geeks like myself) back and forth between Bruce Bartlett and Mark Thoma in the comments threat on this Mark Thoma post. Thoma's post is also a good summary of macroeconomic stabilization policy debate of the past 30 years. Check it out if you want to wonder into the wild and crazy world of economics.
