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← Automatic fiscal stabilizers give fiscal policy an advantage over…
16 connected korrents · 13 moments from 23 May 2006 to 22 Sept 2026.
Everything filed under fiscal policy
fiscal policy
Everything filed under economists
economists
Everything filed under government
government
Everything filed under tariffs
tariffs
Everything filed under inflation
inflation
Everything filed under interest rates
interest rates
Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject
Read this korrent: Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster.
Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them. — tap to centre the map on it
Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. — tap to centre the map on it
The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Under a 2% inflation-targeting regime, monetary policy carries no meaningful fiscal implications. — tap to centre the map on it
Under a 2% inflation-targeting regime, monetary policy carries no meaningful fiscal implications.
Last stated a month ago
14 Sept 2026
SS
Scott Sumner — holds since 2026-09-14 — tap for who they are
Same subject: Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation. — tap to centre the map on it
Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation.
Last stated 2 years ago
8 Jan 2025
LA
Lyn Alden — holds since 2025-01-08 — tap for who they are
Same subject: Monetary policy operates with long and variable lags, so attempts to fine-tune the economy make things worse. — tap to centre the map on it
Monetary policy operates with long and variable lags, so attempts to fine-tune the economy make things worse.
Last stated 16 years ago
6 Sept 2010
SS
Scott Sumner — holds since 2010-09-05 — tap for who they are
SS
Scott Sumner — no longer holds since 2010-09-06 — tap for who they are
Same subject: A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute. — tap to centre the map on it
A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute.
Last stated 4 weeks ago
22 Sept 2026
TC
Tyler Cowen — holds since 2026-09-22 — tap for who they are
Same subject: A broken criminal justice institution survives precisely because it serves the people who run it. — tap to centre the map on it
A broken criminal justice institution survives precisely because it serves the people who run it.
Last stated 2 months ago
1 Sept 2026
RB
Radley Balko — holds since 2026-09-01 — tap for who they are
Same subject: A candidate's political success is increasingly disconnected from their actual record of accomplishment. — tap to centre the map on it
A candidate's political success is increasingly disconnected from their actual record of accomplishment.
Last stated 2 months ago
31 Aug 2026
DD
Daniel W. Drezner — holds since 2026-08-31 — tap for who they are
Same subject: Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. — tap to centre the map on it
Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus.
Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. — tap to centre the map on it
An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing.
Last stated 3 years ago
1 Oct 2023
TC
Tyler Cowen — holds since 2023-10-01 — tap for who they are
Same subject: Aspiring economists should take as many math and statistics courses as they can stomach — tap to centre the map on it
Aspiring economists should take as many math and statistics courses as they can stomach
Last stated 20 years ago
23 May 2006
GM
Greg Mankiw — holds since 2006-05-23 — tap for who they are
Same subject: A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off. — tap to centre the map on it
A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off.
Last stated a year ago
30 May 2025
GS
Guy Spier — holds since 2025-05-30 — tap for who they are
Same subject: America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would. — tap to centre the map on it
America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would.
Last stated a month ago
7 Sept 2026
PK
Paul Krugman — holds since 2026-09-07 — tap for who they are
Same subject: Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner. — tap to centre the map on it
Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner.
Last stated 8 months ago
9 Feb 2026
JC
JL Collins — holds since 2026-02-09 — tap for who they are
same subject or similar wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2006 to today (stretched back to the oldest claim here) — full is today a face: someone who holds the claim — tap it for who they are faded, dashed ring: they no longer hold it — they changed their mind
At the centre
Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Read this korrent →
Same subject: fiscal policy
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Same subject: fiscal policy
Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Same subject: fiscal policy
The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Similar wording
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Last stated 1 Jun 2022 · 4 years ago
Holds Olivier Blanchard
Similar wording
Under a 2% inflation-targeting regime, monetary policy carries no meaningful fiscal implications.
Last stated 14 Sept 2026 · a month ago
Holds Scott Sumner
Similar wording
Structural fiscal deficits have surpassed private sector lending and monetary policy as the primary driver of economic activity and inflation.
Last stated 8 Jan 2025 · 2 years ago
Holds Lyn Alden
Similar wording
Monetary policy operates with long and variable lags, so attempts to fine-tune the economy make things worse.
Last stated 6 Sept 2010 · 16 years ago
No longer holds Scott Sumner
Same subject: government
A ban on self-recursive improvement in AI models would create a big incentive for some other parts of the world to invest a lot more in compute.
Last stated 22 Sept 2026 · 4 weeks ago
Holds Tyler Cowen
Same subject: government
A broken criminal justice institution survives precisely because it serves the people who run it.
Last stated 1 Sept 2026 · 2 months ago
Holds Radley Balko
Same subject: government
A candidate's political success is increasingly disconnected from their actual record of accomplishment.
Last stated 31 Aug 2026 · 2 months ago
Holds Daniel W. Drezner
Same subject: economists
Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus.
Last stated 1 Oct 2023 · 3 years ago
Holds Tyler Cowen
Same subject: economists
An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing.
Last stated 1 Oct 2023 · 3 years ago
Holds Tyler Cowen
Same subject: economists
Aspiring economists should take as many math and statistics courses as they can stomach
Last stated 23 May 2006 · 20 years ago
Holds Greg Mankiw
Same subject: tariffs
A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off.
Last stated 30 May 2025 · a year ago
Holds Guy Spier
Same subject: tariffs
America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would.
Last stated 7 Sept 2026 · a month ago
Holds Paul Krugman
Same subject: tariffs
Erratic U.S. tariff implementation is teaching allies and enemies that the U.S. is no longer a reliable trading partner.
Last stated 9 Feb 2026 · 8 months ago
Holds JL Collins