Conservative argument against government spending that is not simplistic like government bankruptcy or hyperinflation. Another sign the debate is advancing.Project SyndicateThe True Costs of Government SpendingMichael J. Boskin is Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution. He was Chairman of George H.W. Bush’s Council of Economic Advisers from 1989 to 1993, and headed the so-called Boskin Commission, a congressional advisory body that highlighted errors in official US inflation estimateshttps://www.project-syndicate.org/commentary/biden-spending-bill-does-not-cost-zero-dollars-by-michael-boskin-2021-10
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Project Syndicate
The True Costs of Government Spending
Michael J. Boskin is Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution. He was Chairman of George H.W. Bush’s Council of Economic Advisers from 1989 to 1993, and headed the so-called Boskin Commission, a congressional advisory body that highlighted errors in official US inflation estimates