Rethinking Fiscal Policy

Thomas Michl

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Rethinking Fiscal Policy

机译：重新思考财政政策

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What should the new U.S. economic policies be? Challenge often devotes its pieces to discussion of demand and public investment. In this piece, however, we offer another view. The author argues in favor of creating surpluses through a progressive income tax or even wealth tax-perhaps even prefunding social security. Would this policy lead to contraction of capital investment? He believes that looser monetary policy can compensate adequately for the diminished demand.

机译：美国新的经济政策应该是什么？挑战通常将其部分用于需求和公共投资的讨论。但是，在这一部分中，我们提供了另一种观点。作者主张通过累进所得税或什至财富税来创造盈余，甚至可能为社会保障筹集资金。这项政策会导致资本投资收缩吗？他认为宽松的货币政策可以充分弥补需求的减少。

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《Challenge》 |2008年第6期|p.91-104|共14页
作者
Thomas Michl;
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Colgate University;

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正文语种 eng
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2. Rethinking the Role of Fiscal Policy [J] . Martin Feldstein The American economic review . 2009,第2期

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6. Measuring the Efficiency of Fiscal Policies for Environmental Pollution Control and the Spatial Effect of Fiscal Decentralization in China [O] . Caihua Zhou, Xinmin Zhang 2020

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8. IMF Fiscal Affairs and Research Departments Conference on Fiscal Policy; Implementation Lags of Fiscal Policy [R] . Elemdorf, D. 2009

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Rethinking Fiscal Policy

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