![Levy Economics Institute of Bard College, a nonprofit, nonpartisan, public policy think tank founded through the generous support of Bard College trustee Leon Levy Levy Economics Institute of Bard College, a nonprofit, nonpartisan, public policy think tank founded through the generous support of Bard College trustee Leon Levy](https://www.levyinstitute.org/images/levy_logo.png)
Publications
Policy Note 2003/1
| January 2003
The Big Fix
The Case for Public Spending
Keynesian economics is back. As John Maynard Keynes stressed, total spending matters—and not who does it or for what purpose. Tax cuts and deficit spending are, therefore, on the agenda; low interest rates seem here to stay. Stimulus is the watchword of the day. It remains only to fill in the details, or so it seems.
Download:
Associated Program:
Author(s):