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Robert Barro discussed his recent research pertaining to the enactment of the first stimulus package.
In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.
President Barack Obama got the stimulus plan that he wanted--but at potentially a very high cost.
Panelists at this event will discuss the proper role of stimulus funds to increase high-speed Internet access and the broader role of government in Internet policy.
Before considering a second stimulus package, Congress should consider why the first package failed to jumpstart the economy.
We are learning a basic truth. Fiscal stimulus produces a temporary positive impact on growth and perhaps on employment after it is enacted. This is followed by a drag on growth when it is withdrawn.
