The case for fiscal austerity

George Mason University economist Russ Roberts makes the case for fiscal austerity in his Congressional testimony from last week in which he critiques the American Recovery and Reinvestment Act of 2009. Dr. Roberts is the proprietor of Econtalk, which Austin Frakt so aptly describes as “the best continuing education money can’t buy“.The transcript of Dr Roberts’ testimony appears here, and here’s the video:

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