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Richard Nixon took measures for short-term political gain that harmed the economy for the rest of the 1970s. | Opinion ...
Expansionary fiscal policy isn't the only tool used to combat economic downturns. During some economic cycles, the monetary policy set by the Federal Reserve has been more effective. Here are some ...
Lastly, expansionary monetary policy may increase the money supply relative to the output of goods and services, raising prices and reducing the currency’s value. As Milton Friedman famously ...