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John Taylor's Austerity: Econosphere Review

Matthew Martin 3/19/2013 05:21:00 PM
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This is just a summary of the econosphere debate over John Taylor's claims that the Ryan budget would be expansionary:

Friday 09/21/2012 (Original Research Paper)
  • Fiscal Consolidation Strategy--John F. Cogan, John B. Taylor, Volker Wieland, Maik Wolters
Monday 03/18/2013
  • Fiscal Consolidation Strategy: An Update for the BudgetReform Proposal of March 2013--John F. Cogan, John B. Taylor, Volker Wieland, Maik Wolters
  • 7:09 PM Taylor/Cogan op-ed Wall Street Journal
Tuesday 03/19/2013
  • 4:25 AM John Taylor's austerity model--Noah Smith
  • 8:25 AM Cogan, Taylor, and the Confidence Fairy--Paul Krugman
  • 10:16 AM 'Cogan, Taylor, and the Confidence Fairy'--Mark Thoma
  • 11:00 AM The Stanford economists are so wrong: A tighter budget won’t be accompanied by tighter monetary policy--Miles Kimball
  • 12:07 PM Demystifying Taylor’s Confidence Fairy (Wonkish)--Paul Krugman
  • 12:12 PM Krugman on Taylor--David Andolfatto
  • 4:44 PM John Taylor's Expansionary Austerity--Matthew Martin
  • Krugman's Claims Are Wrong--John Taylor
As far as I know, this is everything that's been said on the topic since the WSJ op-ed.
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