Somewhat surprisingly ( and amusingly) Simon Wren-Lewis and Roger Famer are at odds over fiscal policy in 'normal' circumstances.
I have to admit I am with Roger on this but it might all turn on what are 'normal' circumstances are.
As we have seen before Keynesian fiscal policy is a hellva lot tighter than classical economics in 'normal' circumstances.
I should ad this is vastly different to the letter 364 economists wrote to Margaret Thatcher. they were in fact CORRECT
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